That puts us in the minority, though: VAT, a multi-layered tax applied at each stage of the manufacturing and marketing process, is used in more than 170 countries —including Canada, Mexico and ...

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

By Joshua Worlasi AMLANUA tax expert has said government’s plan to reform the value added tax (VAT) regime could simplify compliance, reduce distortions and strengthen the country’s revenue ...

# THE Department of Inland Revenue’s (DIR) VAT refunds as part of its first home construction and renovation programme is a “farce”, according to one frustrated Bahamian. # The citizen, speaking ...

Existing VAT program restrictions and German customs laws still apply to the process, added Wertz, referencing some of the most frequently asked questions that those using the app have.

Country Senior Partner at PWC Ghana, Vish Ashiagbor, has stressed the need for a careful and strategic approach to ...

“If the VAT increase takes effect prior to the Rates Bill being passed by Parliament, it may undermine Parliament’s public participation process. “This would be particularly concerning as ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

However, the process of obtaining a VAT refund in the Philippines is often one of the most challenging experiences taxpayers can go through. Considering the rigorous documentation requirements and ...

The Philippines has long been regarded as a premier tropical destination for foreign tourists from around the world. From the pristine white sands of Boracay and the world-class surfing waves of ...

The Country Senior Partner at PWC Ghana has stressed the importance of proper implementation in the government's VAT reform plans, stating that while the proposed changes look promising on paper, ...