What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...

The Kenya Revenue Authority (KRA) is proposing amendments to the Value Added Tax (VAT) Act to allow KRA to include small ...

Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...

Every P10 increase in fuel prices hands the government billions in unplanned VAT revenue. As global crude prices surge amid ...

President Donald Trump wants Europe to buy American stuff again. On Thursday, the president ordered economic officials to develop custom “reciprocal tariffs” for each of America’s trading partners ...

The Department of Finance (DOF), upon the recommendation of the Bureau of Internal Revenue (BIR), issued new revenue ...

Presidential hopeful Rep. Duncan Hunter (R-Calif.) says current U.S. tax policy puts American manufacturers at an unfair disadvantage by making it cheaper for foreign products to be sold in the U.S.

Oil industry representatives on Thursday backed the proposed suspension of value-added tax (VAT) on petroleum products, saying it could lead to faster and more direct reductions in pump prices. During ...

Government has implemented several measures over the years to improve revenue collection in the country. These measures include the Revenue Assurance and Compliance Enforcement (RACE) initiative, the ...

Minister of Economic Affairs Michael Halkitis said yesterday that the government’s decision to remove value-added tax (VAT) ...

Sri Lanka’s transition to a risk-based Value Added Tax (VAT) refund system marks a significant shift in tax administration. .

Two Nigerians can buy the same product, water, and pay different taxes on it.A sachet of water bought on the street attracts no ...