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Upper House Proposes Zero VAT Rate Legislation

    Parliament’s Upper House plans to implement a zero VAT rate The change aims to boost economic growth The proposal is under review and discussion Expected to benefit consumers and businesses Implementation timeline not yet confirmed

Source: research.ibfd.org

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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