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Linking Backwards to Move Forwards

Linking Backwards to Move Forwards

The importance of transitions.


Welcome to Linking Backwards to Move Forwards!Let’s begin this lesson with a quick exercise. On your screen, you’ll see a passage from an advice memo received by a client. What’s wrong with it?

The current regulations make it clear that cash support received by charitable organizations in Vietnam is not subject to the value-added tax (VAT). There is no regulatory guidance on the VAT treatment of aid funds received by foreign organizations. Aid contributed by local donors to a local bank...