
| Name | Payment of Value Added Tax in foreign currency for receipt of services from non resident businesses |
|---|---|
| Description | Persons who buy services from non-residents and which are not established in Lao PDR, should the payment be made in a foreign currency, it shall be converted into Kip based on the official exchange rate as defined by the bank in Lao PDR in each period. |
| Comments | - |
| Validity From | 23-07-2014 |
| Validity To | 31-12-9999 |
| Reference | Article 37 |
| Status | Active |
| Measure Type | Other measures |
| Agency Name | Ministry of Finance |
| Legal Document | Law on Value-Added Tax (Revised Version) No. 52/NA, dated 23 July 2014 |