Decree No. 144/2026/ND-CP dated May 5, 2026 of the Government amending and supplementing a number of articles of Decree No. 181/2025/ND-CP dated July 1, 2025 of the Government detailing the implementation of a number of articles of the Law on Value Added Tax, which has been amended and supplemented by Decree 359/2025/ND-CP dated December 31, 2025 of the Government
This Decree includes the following important amendments and additions related to VAT policy:
• Adding many services related to insurance business to the list of items exempt from VAT.
• Amending the List of exported resources and minerals exempt from VAT (Appendix I and Appendix II attached).
• Amending the method of determining the deductible VAT amount for goods and services purchased for simultaneous use in the production and business of goods and services subject to VAT and those not subject to VAT.
• Adding a provision allowing for the case of goods and services purchased on deferred payment or installment plans, if after adjusting down input VAT (due to the lack of non-cash payment documents at the due date) non-cash payment documents are available, then additional input VAT can be declared and deducted in the period in which payment documents are available.
• Replacing Appendix I and Appendix II of Decree No. 181/2025/ND-CP on the List of Export Products that are Unprocessed/Processed Resources and Minerals…
The Decree takes effect from June 20, 2026.
