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Laos Issues Notification on Effective Date of New Tax Rates

|Approved Changes|Laos
Laos

On 11 February 2020, the Laos Ministry of Finance issued Notification No. 424 on the effective date of the new tax rates introduced by Tax Law No. 67/NA ({News-2020-02-13/A/4-previous coverage}). The notification includes that the rates are effective from 1 January 2020, and with respect to individual income tax, any employers that have paid income tax on salaries for January 2020 using the old…

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