The Government is proposing changes to the current Law on Value-Added Tax. The draft narrows down subjects not subject to value added tax (VAT), subject to 5% tax; supplementing the principle of tax rate determination; adjust tax rates according to the roadmap; amending and supplementing regulations on: export services; tax calculation prices, tax rates, VAT refund for some groups of goods and services; VAT refund in case of business reorganization; input VAT deduction for incorrect invoices, errors…
