- Sets rules for VAT exemption eligibility on export and deemed export transactions.
- Details refund rates, calculation bases, and formulas for export VAT.
- Specifies conditions for consumption tax exemptions on exported taxable goods.
- Establishes mandatory filing, documentation requirements, and a 36-month deadline for export tax refund claims.
- Repeals previous related tax notices and announcements, effective January 1.
Source: news.bloombergtax.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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