- In April 2026, the government released draft VAT Act amendments for public consultation.
- The draft would add a new article 38a giving the government authority to change the VAT rate for excisable energy products by decree.
Source: 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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