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Tax update Amended VAT Act 2022

On December 30th, 2022, the Parliament made further amendments to the VAT Act 2022 (S.B. 2022 no 121) which came into effect on January 1st, 2023.
From January 1, 2023, to June 30, 2023, this law’s operation shall be monitored and evaluated by the government-appointed committee.

Below is an overview of the amendments.

Source: hbnlawtax.com

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