
Laos proposes returning VAT to 10% 2024
Laos proposes returning VAT to 10% 2024
in
Proposed raise of VAT from 7% to 10% early 2024 The southeast Asia state of Laos is proposing increase its standard VAT rate from 7% to 10% in early 2024. This would reverse the cut of January 2022 (see below). The Ministry of Finance believes