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Following the passing of a 350 trillion VND (approximately 15 billion USD) economic recovery package, the Government is considering the implementation of a cut to VAT.

The Cabinet of Thailand has given green light to 7 percent VAT for another two years in a bid to lessen the financial burden businesses and consumers affected the COVID-19 pandemic.

The Government is to roll out a 118 trillion VND (5.2 billion USD) COVID-19 relief package by the end of the year, said deputy minister of finance Nguyen Duc Chi during a government meeting on August 11.

Around 20 large overseas online platform operators plan to register as value-added tax (VAT) payers in Thailand, according to Ekniti Nitithanprapas, director-general of the Revenue Department of Thailand.

The General Department of Taxation under the Ministry of Finance (MoF) is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out houses.

ndonesia has added eight more foreign digital companies to a list of businesses that must pay a 10 percent value-added tax (VAT) on sales.

Indonesia began to impose a 10-percent value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on July 7 in the context of the COVID-19 pandemic affecting the country’s state finances.

Technology giant Google in Indonesia has announced that it is ready to charge 10 percent of value added tax (VAT) on customers if required by the host country’s government.

Tax Law No 71/2014/QH13, which treats fertiliser as a VAT-free item, has become a double-edged sword as after five years of implementation it has not reduced domestic fertiliser prices but instead hindered production and investment in the sector.

The Ministry of Finance will consider a value-added tax (VAT) rate of 5 percent on fertiliser products which are now free of VAT in response to domestic producers’ claim that the zero VAT policy made it harder for them to compete.

Thailand’s Ministry of Finance has said the newly approved value-added tax (VAT) law on foreign e-commerce platforms in the country will rake in about 3 billion baht (97 million USD) revenue into the government's coffer.

Thailand’s Cabinet on June 9 approved a draft bill allowing the government to collect VAT from electronic services, as proposed by the Ministry of Finance.

Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, according to a tax official of the country.

Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 percent, reports vietnamnet.vn.

The Ministry of Finance has proposed a tax deferral to support people and businesses affected by the coronavirus disease (COVID-19) fallout.

Vietnam's Tourism Advisory Board (TAB) has proposed to half value added tax (VAT) for the tourism sector from 10 percent to 5 percent to help businesses deal with the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 (COVID-19) outbreak.

HCM City ranks 4th among the best cities for street food-obsessed travelers, according to a survey by CEOWORLD.

Thailand’s council of the economic ministers has approved in principle new measures proposed by the Ministry of Tourism and Sports to boost tourism in the short, medium and long terms.

Sacombank and Alliex Vietnam JSC have signed a deal to create shared POS payment infrastructure that is integrated with many banks and allows many different payment methods.

Indonesia is preparing a bill that will make tech firms such as Google and Amazon pay value added tax (VAT), according to Finance Minister Sri Mulyani Indrawati.