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submitted 9 months ago by stormy001 to c/myeconomy

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[-] munkkey 2 points 9 months ago* (last edited 9 months ago)

It's easier to track the "underground economy" with GST or e-invoicing. Some shady businesses might have closed because Customs and IRB are involved in the GST system. Since we can't touch GST now, this govt plan to introduce e-invoice in stages, which should have a similar effect.

this post was submitted on 07 Jan 2024
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