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2022-11-17
For business: Vietnamese VAT and what businesses need to know
Value-added tax (VAT), is an indirect tax that is added to the selling price of products and services and is paid by the customer when the product is used. Although the customer pays the VAT, the person who directly meets the State's tax duty is the production and business unit. To have a better understanding, let's look at some key components of Vietnam's VAT, such as which items and services are taxed,...
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