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DoF Reviewing OECD Call to Phase Out VAT Exemptions

 

  • The Department of Finance is assessing the OECD’s recommendation to remove VAT exemptions for senior citizens, private education, and healthcare providers. [bworldonline.com]
  • The review forms part of broader tax reforms aimed at strengthening government fiscal capacity. [bworldonline.com]
  • Stakeholder reactions are mixed, with concerns raised about potential social and economic impacts.

Source: BusinessWorld Online [bworldonline.com]

 



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