The question on whether to continue or remove the VAT exemption is more nuanced than just deciding whether the loss of revenue is bearable and a helping hand to the poor is justified.
At first glance, a VAT exemption on basic food items seems like a very “good idea” and a “political no brainer”, to show compassion and care for the people. Sadly, this could not be further from the truth
- How and why did this happen?
- How could this have been prevented?
- High GI foods or cash
- World Bank and tax policy
Source: www.fijitimes.com
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