Presidential Decision No. 7346, which increases the standard VAT rate from 18% to 20% and increases the reduced VAT rate of 8% to 10% with effect from 10 July 2023 (1% VAT rate unchanged); andPresidential Decision No. 7347, which increases the tax rates for games of chance to 10% for joint bets on sports events, 14% for horse racing, and 20% for other games of chance with effect from 7 July 2023.
Source: orbitax.com
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