- Differentiation between timing for VAT deduction based on type of trader (taxation on receipts, cash accounting, advance payment)
- First application to invoices issued after December 31, 2025
- Division of input VAT with provision on calculation using total sales key
- Provision entering into effect on day following promulgation
Source: assets.kpmg.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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