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Double VAT on resale properties!!! Is there any way around it!

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nci2010


Joined: 08/12/2009
Posts: 323

Message Posted:
13/07/2011 18:52

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I have a friend wanting to buy a resale, but kochans not transferred to vendor and the vendor reselling has already paid VAT, but lawyers are saying the new buyer will have to pay VAT again!! has any body found a way around this? as the government should not be making double VAT on the same property.



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