The National Assembly has today approved a new law
amending a number of 
existing tax laws, and also an amended law on
Special Sales Tax (“SST”). The 
amending tax Law will be effective from 1 January
2015, and the amended Law on 
SST from 1 January 2016.

Regular readers may recall the recent NewsBrief on
the issuance of Resolution 
63, some changes under which required National
Assembly approval. The 
National Assembly has now approved most of the
changes proposed by the 
Government under Resolution 63.

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