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How VAT, or its absence, can help the post-Covid economy

Any manner of extra charges should be done away with during times of crisis, as businesses and entrepreneurs – that are the lifeblood of any economy – must not be drowned in the burden of taxes and VAT as they are already enduring the worst of the downswing. Those facing losses in the current climate should be able to deduct the losses against profits when the situation improves and not be dragged down by taxes.

Source: arabtimesonline.com

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