Government

Taxation

Laos to enhance land tax collection

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 ...

Ekaphone Phouthonesy

Cabinet approves tax law changes in Laos

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 ...

Ekaphone Phouthonesy

Lao Govt considers tax to protect environment from industrial pollution

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 ...

Ekaphone Phouthonesy

Big fines encourage road tax payment in Laos, official says

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 ...

Times Reporters

Laos' Bank corrects issues surrounding land tax payments

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 ...

Souksamai Boulom

Pay the minimum wage or face legal action, employers told

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 ...

Phetphoxay Sengpaseuth

App-facilitated Land Tax Payment Service Launched

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

KPL editor

Online system boosts road tax revenue

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 ...

Times Reporters

Govt: Collect full revenue, prioritise investment

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 ...

Souksakhone Vaenkeo

Automated payment of land tax to start next year

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 ...

Times Reporters

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