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VAT: Till Slips and TRNS


 

After 100 days in effect, people and companies alike seem to be coming to terms with the payment of Value Added Tax (“VAT”). There is one area though where there still seems to be some confusion and that is with Tax Invoices issued by retailers which are more commonly known as “Till Slips”.

John Peacock and Tyne Hugo clarify the confusion in Lexis Middle East Law.

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