The federal government alone has set a VAT revenue target of N972 billion for 2025, nearly doubling its 2024 share of N512.8 billion. State governments also plan to significantly boost their VAT ...

Vietnamese authorities have uncovered a massive tax evasion and smuggling operation involving Luu Anh Tuan, Chairman of ...

RestoPH, a nationwide collective of chefs and restaurant owners, issued the statement a day after the Department of Justice issued a legal opinion that establishments cannot deny discounts or ...

CASH flow constraints impeded the government’s ability to pay Value Added Tax (VAT) refunds owed to Small and Medium Sized Enterprises, Finance Minister Colm Imbert has said. As a result ...

One thing that has always captured my attention whenever I watch these vlogs is when the travelers are able to save on their luxury purchases by having the value-added tax (VAT) or sales tax refunded.

In a decision promulgated on August 19, 2024, the high court's Third Division upheld that for VAT refund claims filed before June 11, 2014, the 120-day period within which the Commissioner of ...

A DROP in the revenue expected from the energy sector hindered the Government’s ability to pay Value Added Tax (VAT) refunds owed to Small and Medium-Sized Enterprises, Finance Minister Colm ...

The number of outlets registered for VAT-refund increasing to 17,847 outlets by the end of 2024, compared to 16,357 outlets by the end of 2023 – an increase of 9 percent over the previous year ...

The Sri Lanka Retailers’ Association (SLRA) applauds the recent announcement by President Anura Kumara Dissanayake approving the VAT refund program for tourism. This significant policy reform is a ...

The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, the SC Third Division said the 120-day period for the Commissioner of ...

The Court issued the guidelines when it ruled on the case involving Dohle Shipmanagement Philippines Corp. (Dohle), which sought a refund or credit of unutilized input VAT for 2012.

THE Supreme Court has provided further clarification on the deadlines for filing a claim for Value-Added Tax (VAT) refund with the Bureau of Internal Revenue (BIR). The ruling, penned by Associate ...