- A BRICS business leader proposed harmonising VAT rates across member countries to boost intra-BRICS trade, suggesting a common VAT rate of 15% instead of 22% and saying the issue should be decided at government level.
Source: tvbrics.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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