- Government is proposing to expand the list of VAT taxable supplies in the Tax Law Bill 2024
- This expansion would likely result in more goods and services being subject to VAT
- The goal is to increase tax revenue for the government
- The bill is currently being debated in parliament and may face opposition from certain sectors
Source: research.ibfd.org
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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