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GFD Guidelines on VAT Treatment for Free Goods Supply: Donations and Taxable Amount Calculation

  • GFD has issued new guidelines regarding the VAT treatment of free of charge supply of goods
  • The guidelines cover a variety of cases of donations
  • Instructions are provided on how to calculate the taxable amount for VAT purposes

Source: globaltaxnews.ey.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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