Malawi Value Added Tax Act 2005 as at 31 December 2014.

Abstract

The Malawi Value Added Tax Act provides the legal framework for the imposition, collection, and administration of Value Added Tax (VAT) in Malawi. It establishes the criteria for VAT registration, outlines the scope of taxable supplies, imports, and services, and specifies applicable rates and exemptions. The Act also addresses the rights and obligations of taxable persons, enforcement mechanisms, and procedures for compliance and dispute resolution. Its primary aim is to ensure efficient tax collection and promote transparency in the taxation of goods and services within Malawi.