Proposed new tax law

22 August, 2017

The Ministry of Finance recently held a press conference to discuss a draft new tax law amending the current laws on VAT, Special Sales Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Tax.

It is planned that the draft law will be submitted to the Government for presentation to the National Assembly in 2018, and will take effect 01 January 2019.

We summarise below some of the key proposals. 

Get in touch

Richard J. Irwin
Chairman/Partner, Tax Services
Tel: +84 28 3824 0117

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