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Government Plans to Reduce VAT Bad Debt Refund Period from Three Years to Two

  • Government plans to reduce the VAT bad debt refund application period from three years to two years
  • This change allows taxpayers to claim refunds more quickly

Source: assets.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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