-The Federation of Organization of Teachers in Suriname (FOLS) is urging its members to stay away from their classes for the next two days as a sign of protest over the government’s unwillingness to reconsider the value-added tax, (VAT), particularly for fuel and utilities.
On August 30 last year, the Surinamese parliament passed legislation to remove the turnover tax and introduce a new VAT system. The 10 per cent VAT rate came into effect on January 1 this year.
Source: www.jamaicaobserver.com
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