Vietnam has temporarily set VAT on gasoline, diesel and aviation fuel to 0% from 26 March to 15 April 2026, exempting businesses from VAT declaration and payment while allowing input VAT recovery. The measure also waives environmental protection tax and zeroes special consumption tax on gasoline, expected to cut state revenue by about 7.2 trillion VND per month.
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LuatVietnam · 4 days ago
Vietnam's new Circular No. 84/2026/TT-BTC, effective 1 July 2026, introduces an electronic VAT refund system for foreigners and overseas Vietnamese, requiring sellers to enter invoices electronically and comply with customs and tax authority integration.
VatCalc · 3 months ago
Vietnam's Ministry of Finance has issued a draft decree to streamline e-invoicing for e-commerce and low-value transactions, shifting invoice issuance to platform operators and allowing small businesses below thresholds to issue consolidated daily invoices. The Finance Ministry also proposed extending e-invoicing to businesses with sales above VND 1 billion on 10 December 2025, and Circular 32/2025 provides detailed guidelines on numbering, use cases, and service provider standards. A June 2024 directive urges the remaining non‑compliant businesses, especially retail outlets, to adopt e‑invoicing, following the successful Phase 2 rollout in 2022 that registered 92 % of obligated taxpayers.
Vietnam Briefing · 4 months ago
Vietnam’s 2025 VAT Law expands refund eligibility to investment projects, exporters, and 5%‑rate businesses with at least VND 300 million in accumulated input VAT, while tightening documentation and audit requirements. Key changes include removal of refunds for ownership or structural changes, stricter rules for deferred payments, and new limits on import‑export refund eligibility.
International Tax Review · 2 days ago
Indonesia will bear VAT on domestic economy-class airline tickets during the 2026 school holiday period, as per Minister of Finance Regulation No. 43 of 2026. The incentive covers tickets purchased from 22 June to 5 July 2026 and flights operated between 24 June and 5 July, with airlines required to issue VAT invoices and submit a detailed electronic list by 30 September 2026.
DevDiscourse · 4 days ago
New Zealand: The government plans to mandate e-invoicing for large businesses supplying government agencies from 1 January 2027, aiming to cut costs and improve cash flow. The initiative is expected to generate up to NZ$800 million in annual savings by streamlining invoice processing and reducing administrative work.
Comarch · 5 days ago
Thailand's Cabinet approval of the OECD-led Global Minimum Tax exchange signals a shift toward mandatory e-invoicing. The move will require businesses to adopt the ETDA Standard 3-2560 XML schema and meet a 15-day transmission rule. The policy also offers a 200% double-tax deduction and a 1% electronic withholding tax rate until December 2027.
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Key Takeaways
From 26 March 2026 to 15 April 2026.
No, businesses are exempt from VAT declaration and payment on fuel supplies, though they can still recover input VAT.
The environmental protection tax is waived and the special consumption tax on gasoline is reduced to zero.
Primary source
Read the full article at VatCalcThis summary was published on VATfaqs.com on 30 March 2026. It relates to VAT developments in Vietnam. The original source is VatCalc.
