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Opposition Rejects Online Platform VAT, Claims It Will Harm Investment and Consumer Confidence

The opposition is rejecting a proposed VAT on online platforms, arguing it will negatively impact investment and consumption, while also questioning the government’s credibility regarding campaign promises not to increase taxes. Meanwhile, the president and ruling party defend the tax as a necessary solution to address inequity in commerce as they finalize details of the new budget law.

Source: ambito.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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