On November 26, 2024, the National Assembly of Vietnam officially passed the new Value-Added Tax (VAT) Law, No. 48/2024/QH15. Following a period of public consultation and revisions, the updated law introduces key changes aimed at improving the VAT system and enhancing tax compliance in the country.
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									Lam Le
								
								Partner - Head of Tax and Consulting Services
			
								 
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