Singapore extends GST remission in 2025 budget; UK closes in on e-invoicing; two new partners at RSM Belgium and more ...

This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

It remains to be seen whether the next budget will include a smaller VAT increase at 0.7% or if the treasury will turn to ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with ...

Business representatives, researchers, and investment promotion groups have proposed policy consistency, uniform tax holidays for special economic zones, and a standardised VAT rate to boost and ...

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...

If the US administration were serious about addressing its trade and fiscal deficits, it would implement a federal value added tax (VAT) instead of broad-based import tariffs (“Waiting for a large new ...

THE Bureau of Internal Revenue (BIR) has released revenue regulations (RR) to implement reduced corporate income tax rates and value-added tax (VAT) procedures for registered business enterprises ...

Cabinet met again on Monday to try to break the deadlock on upping the VAT rate to 17% – before the finance minister is due ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

It suggested lowering the minimum tax rate on carbonated beverages to 0.6% and reducing the supplementary duty from 30% to 15% ...

Here’s what to know. It’s a consumption tax that adds tax on a good or service at each stage of production. The final VAT is the sum of the tax paid at each stage. This system is unlike a ...