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Medicine price controls are ‘back door’ for VAT admission

The Democratic National Alliance’s (DNA) ex-leader yesterday slammed the imposition of price controls on the pharmaceutical industry as a “back door” admission by the Government that reimposing VAT on medicines was a mistake.

“That should not have been on pharmaceuticals in the first place,” Mr McCartney said of the tax. “That may be behind their thinking as to why they have put price controls in place. I think they may have realised that putting VAT on pharmaceuticals was certainly not a good idea.

Source: www.tribune242.com

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