VATupdate

Share this post on

Government Proposes 2% VAT Reduction Extension and Environmental Tax Continuation

The government has instructed the finance ministry to draft a proposal for Parliament, recommending a six-month extension of the 2% reduction in value-added tax (VAT) until mid-2024.

This move follows the January 1 increase in gasoline prices due to environmental tax hikes.

Source: GVC

Sponsors:

VAT news

Advertisements:

  • VATupdate.com