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New VAT Regime Proposed for Sales at Fairs by Government

  • Government is proposing a substitute VAT regime for sales made at fairs
  • This new regime would simplify the tax process for vendors at fairs
  • The goal is to make it easier for vendors to comply with tax regulations
  • The proposal is still in the early stages and has not been implemented yet

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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