Friday, 23 February 2018
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laos - Tax & Revenue - News

Issue of Illegally Imported Cars remains unresolved

The illegal import of cars continues to be a problem in Laos despite orders issued by the government last year to crack down on the issue.
Date: 21 February 2018; Type: Legal News; Source: Vientiane Times

Revised Laws the Key to boosting Revenue Collection

Eleven laws will be enacted by 2020 to facilitate revenue collection while also plugging loopholes that could lead to fiscal leaks.
Date: 08 November 2017; Type: Tax News; Source: Vientiane Times

Vehicle Owners Face Doubling of Road Tax

Motorists in Laos will need to pay more than double the usual road tax this year depending on the size of their engine and vehicle type.
Date: 26 September 2017; Type: Tax News; Source: Vientiane Times

Governmentt orders Cut in Lotteries

The government has called for a cut in several types of lotteries issued by the Lao Development Lottery State Enterprise, including the football lottery, following public complaints about the country having too many lotteries.
Date: 19 August 2017; Type: Tax News; Source: Vientiane Times

Value-added Tax to replace Guesswork in raising Revenue from SMEs

The Ministry of Finance is in the process to introduce a value-added tax (VAT) on Small and Medium sized Enterprises (SMEs) after the scheme was implemented successfully elsewhere over the past seven to eight years.
Date: 14 August 2017; Type: Tax News; Source: Vientiane Times

Vehicle Owners to pay higher Road Tax in August

The Ministry of Finance will start to issue 2017 road tax stickers in August, but vehicle owners will be paying more this year.
Date: 16 May 2017; Type: Legal News; Source: Vientiane Times

New Law offers Incentives to attract Investment

A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I), where infrastructure has not yet been developed, will enjoy favourable profit tax exemptions ov ...
Date: 10 April 2017; Type: Legal News; Source: Vientiane Times

Finance Ministry to probe Sources of Revenue

The Ministry of Finance is re-inspecting and clearly defining sources of national revenue to enable the country to accomplish its 2017 target for revenue collection.
Date: 15 January 2017; Type: Tax News; Source: Vientiane Times

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Thailand, Cambodia discuss Nationality Verification for Migrant Workers

PHNOM PENH, Feb 14 (NNT) - Thailand's Labor Minister Adul Sangsingkeo and his Cambodian counterpart Ith Samheng discussed the nationality verification for undocumented migrant workers.

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ASEAN: Terrorism most serious Security Threat to Region

SINGAPORE, Feb 6 (Bernama) - The ASEAN Defence Ministers today unanimously identified terrorism as the most serious security threat to the region.

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ASEAN unanimously agreed on KSCIP Initiative

SINGAPORE, Feb 6 (Bernama) - All 10 ASEAN countries have agreed with the King Salman Center for International Peace (KSCIP) initiative, said Malaysian Defence Minister Datuk Seri Hishammuddin Tun Hussein.

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Connectivity determinant to promote ASEAN-Indian Economic Cooperation

New Delhi, India, Jan 27 (ANTARA News) - Combined population of nearly 2 billion of the Association of Southeast Asian nations (ASEAN) and India could make southern Asian region a potential economic grouping.

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Chile, Thailand, ASEAN step up Cooperation on Anti-Money Laundering Campaign

BANGKOK, Jan 24 (NNT) - Thailand and Chile are organizing an international workshop on a joint anti-money laundering campaign.

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ASEAN-India Leaders vow to broaden Cooperation

Asean and Indian leaders agreed yesterday to enhance their strategic partnership and broaden cooperation in various fields to drive economic development in the two regions, the Lao Ministry of Foreign Affairs has said.

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Laos, Myanmar vow to cement Ties, sign Three Cooperation Deals

The governments of Laos and Myanmar agreed yesterday to enhance bilateral ties and cooperation during Prime Minister Thongloun Sisoulith’s official visit to the country.

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ASEAN Chair: Singapore will do its best to take the Group forward

SINGAPORE, Jan 13 (Bernama) - As the Association of Southeast Asian Nations (ASEAN) Chair this year, Singapore will do its best to take the group forward, pledged Prime Minister Lee Hsien Loong.

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18 Entertainment Venues to be moved further from University

As many as 18 entertainment venues will have to move from their location near the National University of Laos after they were deemed to be a distraction to students.

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Indonesia, Vietnam play Great Role in strengthening ASEAN Cooperation: Envoy

Jakarta, Jan 5 (ANTARA News) - Indonesia and Vietnam have jointly played a great role in strengthening ASEAN cooperation and creating regional peace, security and stability particularly with regard to conflict in the South China Sea, Vietnamese Ambassador to Indonesia Hong Anh Tuan said.

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ASEAN welcomes New Secretary-General for 2018-2022

MANILA, Jan 3 (PNA) - Dato Paduka Lim Jock Hoi, a top trade official and diplomat from Brunei Darussalam, has assumed office as the new Secretary-General of the Association of Southeast Asian Nations (ASEAN) on Monday.

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PHL Mission to the UN hands over Chairmanship of ASEAN Committee to Singapore

GENEVA, Dec 28 - Capping an anniversary year that saw the Association of Southeast Asian Nations (ASEAN) further enhance its engagement with the UN and other International Organizations in Geneva, the Permanent Mission of the Philippines handed over the chairmanship of the ASEAN Committee in Geneva (ACG) to Singapore during a meeting held at the WTO on December 26.

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