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VAT will be implemented in Guinea-Bissau on January 1, 2025

  • VAT Implementation Date: VAT will be implemented in Guinea-Bissau on January 1, 2025, aligning with UEMOA standards.
  • Objective of VAT: The implementation aims to enhance tax revenue collection, promote tax justice, and ensure legal compliance.
  • Administrative Measures: The Ministry of Finance, especially the DGCI, is instructed to take necessary actions for a smooth transition to the VAT system.

Source mef.gw

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