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VAT Hike Proposed: 15.5% in 2025, 16% in 2026

  • The Ministry of Finance proposes to increase the VAT rate to 15.5 percent in 2025
  • The VAT rate will be increased to 16 percent in 2026

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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