MoF seeks feedback on VAT cut plan to boost economy
The proposal suggests extending the 2% VAT reduction from July 1, 2025, until the end of 2026 for goods and services currently taxed at 10%, lowering them to 8%.
Ministry proposes VAT reduction to 8% to boost economy
The Ministry of Finance has recently put forward a proposal to the government to bring down value-added tax (VAT) from 10% to 8% for a number of goods and services to boost the economy.
Gov't to decree extension of tax payment deadlines for 2023
The Ministry of Finance is now collecting comments on a draft decree on extension of deadlines for payment of value-added tax, corporate income tax, personal income tax, and land rental in 2023.
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