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In this video, Debus discusses VAT on intercompany transactions, aiming to clarify common questions among accounting and tax club users. Using an example, he describes a holding company, Company A, that has three subsidiaries (B, C, and D), each registered for VAT. When Company A receives a tax invoice for R10,000 plus R1,400 VAT, it claims the R1,400 input tax since the invoice is issued in its name. The tutorial emphasizes understanding VAT responsibilities and claims among associated companies, specifying who pays and claims VAT in intercompany dealings.