Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

🌐 Laotian Times (LA) —
Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

AI Summary

Since launching its digital tax system in late 2024, Laos has collected approximately USD 12 million from international technology firms such as Microsoft, Facebook, YouTube, and Netflix. The tax targets foreign digital service providers without physical presence in Laos, reflecting growing fiscal policies toward the digital economy.

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft, Facebook, YouTube, and Netflix. Under […]

Politics Markets AI & Tech digital tax Laos global tech companies Microsoft Facebook digital economy

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