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New VAT Regulations for E-Commerce Goods and Services by Government

  • Government implemented VAT on goods and services sold through e-commerce platforms per Jan 1, 2025
  • VAT will be applied to online transactions
  • Aim is to ensure fair taxation for all businesses, including online retailers
  • VAT will be collected by e-commerce platforms and remitted to the government

Source:

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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