Lao PDR

Employment income

Annual personal deduction of a maximum of LAK 5 million per dependent spouse, parent, and/or children (limited to three persons or a maximum of LAK 15 million per year) may be claimed.

Charitable contributions

Deduction for charitable contributions are not allowed.

Business deductions

Generally, business expenses (including accrued expenses) are deductible unless specifically indicated as non-deductible under the Lao Income Tax Law. Reserves and provisions are not deductible until actually incurred. See the Deductions section in the Corporate tax summary for more information.