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Vietnam VAT 12% proposal

  • Aug 24, 2017 | Richard Asquith

Vietnam VAT 12% proposal

The Vietnamese Finance Ministry has proposed rising the VAT rate from 10% to 12%.

If approved, the new rate would apply from 1 January 2019. In addition, there would be a further potential rise to 14% in 2021 according to the proposal.

 


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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara