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ECONOMY

NEWS
VAT on Bank Loans: The State delays, implementation remains pending
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The DGI offical statement

- The Editorial team, 2 min reading


Panic spread among borrowers and banking institutions following the announcement that bank interest would be subject to VAT, but the Malagasy government has clarified the situation: the 20% tax on loan interest is not yet applicable.


Tags :

  • #VAT
  • MINISTRY OF ECONOMY AND FINANCES
  • BOA
  • BNI
  • BRED PLUS
  • BANK OF MADAGASCAR
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