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    <title>Vat registration applicability - sale of assets</title>
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    <description>An unregistered dealer selling fixed assets to a leasing company cannot ordinarily transfer the obligation to account for and remit VAT to the buyer; unless the VAT law specifically permits buyer discharge, the seller remains responsible for VAT compliance and may need to obtain registration when effecting such taxable sales.</description>
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      <description>An unregistered dealer selling fixed assets to a leasing company cannot ordinarily transfer the obligation to account for and remit VAT to the buyer; unless the VAT law specifically permits buyer discharge, the seller remains responsible for VAT compliance and may need to obtain registration when effecting such taxable sales.</description>
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      <law>VAT / Sales Tax</law>
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