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A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1 of this year. The law will apply to all services, even B2B transactions.
The tax reform adds certain goods to the list of transferred or imported goods that are subject to a 0% VAT rate. The tax reform also amends the list of VAT withholding agents. In addition, the tax reform imposes a 12%...