Reading Time: 5 minutesThe Amended Law on Value Added Tax Law (No. 48/NA, dated 20 June 2018) (“Amended Law on VAT”) was posted on the Lao Official Gazette on 4 December 2018 and is effective from 18 December 2018. We summarize in this client alert the key important points to note from the Amended Law on VAT. 1. […]
Tax Mitigation (Legal) vs Tax Avoidance (Illegal) – How to make sure you aren’t breaking a law.
Reading Time: 7 minutesDeath and taxes As the old saying goes, there are only two constants in life – death and taxes. Whether you are a budding entrepreneur running your own business, or just an individual trying to cut down on expenses, minimizing taxes is a key objective we all pursue. Yet, it inevitably begs the question – […]