Answer the following questions: (a) who should register for VAT? (b) when should registration occur? (c) what

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Answer the following questions: 

(a) who should register for VAT? 

(b) when should registration occur? 

(c) what are the consequences of failing to register? 

(d) when may a taxable person deregister? 

(e) why might someone choose to register voluntarily?

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