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How VAT Impacts Different Stakeholders in the Economy

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Value Added Tax (VAT) introduction impacts the economy's extensive group of stakeholders. As it is a tax on consumption, consumers bear it first, though the effect comes trickling into businesses, government, and the entire economy as well. There is an overview below of VAT effects on several groups of stakeholders. https://caviar.co.ae/who-benefits-from-vat/

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