Kyrgyzstan Proposes Removing VAT Exemptions on Medicines and Medical Devices
The government of Kyrgyzstan has recently proposed eliminating the value-added tax (VAT) exemptions on medicines and medical devices in the country. Currently, most pharmaceutical products and medical equipment are exempt from the 12% VAT rate applied to other goods and services in Kyrgyzstan. The main goals of this proposal are to: According to government estimates, […]
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