Queries over levying VAT on insurance products
Queries over levying VAT on insurance products
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Ideas & Debate Queries over levying VAT on insurance products
Thursday, July 30, 2020 2:11
By TODDY THAIRU |
Times Tower. FILE PHOTO | NMG
VAT is a broad-based tax on consumption, originally meant to be a tax on final consumption by households. In principle only private individuals as opposed to businesses, engage in the consumption and these are the persons that VAT targets.…
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