But the big question remains: who actually pays for VAT, and how does it affect the cost of everything you buy ... all the way up to the final sale. The VAT paid by shoppers is based on the ...
The VAT law creates a legal fiction of two identical sales occurring consecutively ... as the bed is part of the cost of providing the room rental. However, ViDA’s deemed supplier rules would ...
The new draft programme for government includes plans to cut the VAT rate to 9% for food services, entertainment and ...
However, it may also strain state schools if a substantial number of students transfer from private institutions due to rising costs ... VAT will not be charged at the point of sale but instead ...
Plans for a major cut in the VAT rate that applies to buying bikes was parked over concerns the savings would not be passed ...
As a result, even operating expenses, which are not classified as cost of sales or cost of services but still are connected to the export activities, may now qualify for VAT zero-rating if they are ...
“The VAT increase to 12 percent next year will not significantly hurt sales potential. The impact may even be negligible,” said Gaikindo chairman Yohanes Nangoi on Thursday, as quoted by state ...