Proposing a 5% VAT on Fertilizer Products: Ensuring a Balance of Interests Among the "Three Stakeholders"
On October 17, 2024, Vietnam Federation of Agriculture and Rural Development Associations, in collaboration with USAID and the Enterprise Development Agency, organized a seminar to discuss the impact of applying a 5% Value-Added Tax (VAT) on the fertilizer industry. The transition from tax exemption to a 5% tax rate is anticipated to bring benefits to the government, businesses, and farmers alike. ...