Taxation

The Ministry of Natural Resources and Environment will play a greater role in the approval of land leases and concessions in a bid to better regulate the payment of land taxes, according to Prime Minister Thongloun Sisoulith.“From now on, the Ministry of Natural Resources and ...

VIENTIANE (Vientiane Times/ANN) – The Lao government will propose changes to the Law on Tax as it looks for new ways and mechanisms to collect revenue more effectively.The monthly cabinet, which was held last week under the chairmanship of Prime Minister Thongloun Sisoulith, agreed in ...

Industries that produce pollution may have to pay more taxes now that the government has embraced the National Green Growth Strategy.Under the strategy, which Prime Minister Thongloun Sisoulith endorsed on January 30, the Ministry of Finance will impose taxes to discourage industries from producing pollution ...

Large fines meted out by authorities on slow paying vehicle owners are forcing more to pay their road tax on time and helping to fill the government’s coffers, according to a Taxation Department official.In the past, the government suffered shortfalls from road tax with annual ...

VIENTIANE (Vientiane Times/ANN) – The Banque pour le Commerce Exterieur Lao Public (BCEL) is updating its database after some users of its online tax payment system found that details relating to their land titles were incorrect.More ...

Employers in Laos will be subject to legal action if authorities discover they are failing to pay their workers the minimum wage.The minimum wage was increased last year from 900,000 kip to 1.1 million kip a month for a  standard eight-hour day, in a bid ...

(KPL) The Department of Tax has launched a system that ensures land tax payment isbank-based, safe, and fast.More ...

The revenue earned from taxes has increased massively since the government introduced an online payment system.Last year, the government collected just over 10 billion kip in road tax but in the first nine months of this year it has already amassed 58.4 billion kip thanks ...

The government has told the relevant ministries and sectors to strive to hit revenue targets despite projections indicating that collections may fall short.The cabinet made the suggestion at its monthly meeting for October that ended on Friday in Vientiane.More ...

Finance authorities expect to begin collecting land tax through banks from next year in a bid to modernise tax payment through the use of an electronic system.More ...