Summary
Summary TAX3761 VAT_Notes.pdf
- Course
- Institution
TAX3761 VAT_N Tax (inclusive) on the consumption of goods or services in SA (14%) 1. The Basics 1.1 Introduction: Each time consumer purchases goods or services (G or S) from vendor in SA, pays price that includes VAT. Indirect tax (consumer pays, entity collects + gives to SARS) & direct...
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