(Unofficial translation)

LAO PEOPLE’S DEMOCRATIC REPUBLIC

PEACE INDEPENDENCE DEMOCRACY UNITY PROSPERITY

 

Ministry of Finance

No. 0424/MOF

Vientiane Capital, on 10 February 2020

 

 

To: Individuals, legal entities and organizations in both the public and private sectors throughout the country.

Subject: Implementation of the Law on Tax Administration, the Law on Income Tax and Law on Exercise Tax that is approved by the 7th Ordinary General Assembly of the VIII National Assembly in 2019.

 

          - Law on Tax Administration (Revised), No.66/NA, dated 17 June 2019;

          - Law on Income Tax, No. 67/NA, dated 18 June 2019;

          - Law on Excise Tax, No. 70/NA, dated 19 June 2019;

          - Pursuant to the Decree on the Organization and Operation of the Ministry of Finance No.144/ PM, dated 08 May 2017

 

            The Ministry of Finance is honored to inform the parties that the 03 Tax Law which are the Law on Tax Administration, Law on Income Tax and the Law on Excise Tax was approved by Congress Ordinary 7 of the National Assembly to VIII in 2019 and then to start operating from 1 January 2020 onwards, for the most part taken taxes in January 2020 by Law Tax No. 70/NA, dated 15 December 2015 that can be calculated from the past until present.

            In regarding to the import of goods from abroad, the excise tax rate shall be implemented in accordance with the new version of the Excise Tax Law from 19 February 2020 onwards.

 

            Please be informed for you reference and implementation strictly.

 

Vice Prime Minister

Minister of Ministry of Finance

# Title Download
1 The Tax Administration, Income Tax and Consumer Tax Law were verified by the 7th ordinary session of the national assembly’s 8th legislature 2019. No 0424/MOF on 11 February 2020. PDF
2 ການຈັດຕັ້ງປະຕິບັດ ກົດໝາຍວ່າດ້ວຍການຄຸ້ມຄອງສ່ວຍສາອາກອນ, ກົດໝາຍວ່າດ້ວຍອາກອນລາຍໄດ້ ແລະ ກົດໝາຍວ່າດ້ວຍອາກອນຊົມໃຊ້ ທີ່ຖືກຮັບຮອງຈາກ ກອງປະຊຸມສະໄໝສາມັນເທື່ອທີ 7 ຂອງສະພາແຫ່ງຊາດຊຸດທີ VIII ໃນປີ 2019. ເລກທີ 0424/ກງ ວັນທີ 11 ກຸມພາ 2020. PDF
Have you found this information useful ?
Please share your feedback below and help us improve our content.