Tag: Interpretive rule


  • Industry Welcomes VAT at 6% and Calls for Clarity on Ongoing Processes

    Industry Welcomes VAT at 6% and Calls for Clarity on Ongoing Processes

    Industry Welcomes VAT at 6% as a Growth Engine The sector-wide response to the proposed VAT reduction to 6% has been broadly positive, with business leaders pointing to a potentially powerful boost for demand, investment, and job creation. In comments echoed by many associations, the measure is seen as a fundamental instrument to stimulate activity…