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VATucher credit will not be deducted from purchases

IVAucher, whose first phase runs from June 1 to Tuesday August 31, allows consumers to collect an amount corresponding to full VAT on purchases made in the accommodation, culture and restaurant sectors by requesting an invoice with a VAT number.

The discounts offered by the IVAucher program will not be applied at the time of purchase but that amount will be deposited by banks into consumer accounts, according to a statement issued by the Ministry of Finance on Monday.

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