Understanding value-added tax can seem tricky, especially when dealing with purchases or business operations in many countries worldwide. VAT is a tax that adds up at each stage of a product’s journey ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and selling activities ...

China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this ...

For sellers, a 5 per cent value-added tax on properties sold within two years might also be removed, while a potential ...

ON Nov. 8, the much-awaited Create More Law, or Republic Act (RA) 12066, was formally signed and published in the Official Gazette. This law is touted to boost the Philippines' global competitiveness ...

The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has revealed that the panel has ...

The taxman said it also discovered that some supplies were not declared for Value Added Tax (VAT) despite withholding VAT ...

Bangladesh Bank has reduced the fees for income tax payments made through internet banking, debit or credit cards, and mobile ...

The proposed tax reform bill before the National Assembly is becoming increasingly contentious, with Senators Shehu Sani and ...

The South African Revenue Service charges an ad valorem tax, or a luxury excise tax, on smartphones, over and above Value Added Tax and regular import duties, substantially increasing the price of ...

However, there have been oppositions to the bills. First, the Northern Nigeria Governors’ Forum had rejected the bill, ...

Philippine President Ferdinand Marcos Jr. on Monday (11 Nov) signed a law that lowers corporate income taxes and boosts ...