Decree on Adjustment of Value Added Tax Rates
增值税税率调整法令
ລັດຖະບັນຍັດ ວ່າດ້ວຍການປັບປຸງອັດຕາອາກອນມູນຄ່າເພີ່ມ
Summary
This decree uniformly adjusts the value-added tax rate to 10%, applicable to the import, supply, general services, mineral products, and use of electrical energy within Laos.
Articles
Article ມາດຕາ 1
Article 2 Value Added Tax Rate
Value added tax shall be collected at the rate of ten percent (10%) for:
- Importation of goods, supply of goods and general services subject to value added tax within the Lao PDR;
- Importation of minerals and supply of minerals within the country;
- Use of electrical energy for general electricity consumers, producers, and electrical energy distributors.
Article ມາດຕາ 2
Article 2 Implementation
The Government of the Lao People's Democratic Republic shall implement this law.
Article ມາດຕາ 3
Article 3 Effect
This Decree shall take effect from the date of signature by the President.
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