The National Assembly has adopted the Law on Income Tax No. 88/NA (the “New Income Tax Law”), replacing the previous Income Tax Law of 2019 and its subsequent amendments. The New Income Tax Law was published in the Lao Official Gazette on 19 June 2026 and became effective on 1 July 2026. The New Income […]

The applicability of value added tax (“VAT”) on banking activities has shifted from a broad exemption regime under VAT Law No. 04/NA dated 26 December 2006 – “operations relating to banking services, financial institutions” – to a limited exemption scope under VAT Law No. 52/NA dated 23 July 2014 – “deposit interest, loan interest from […]