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New VAT and Income Tax Withholding Regimes Applicable to Electronic Payment and Collection Services

General Resolution No. 4622/2019 was published in the Official Gazette on October 30, 2019, creating new VAT and Income Tax withholding regimes (the “Regimes”) applicable to parties that manage electronic payment and collection on behalf of third parties services, including through the use of mobile devices and/or any other electronic devices, including virtual ones.

Source: bakermckenzie.com

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