Value-added taxes are common in Europe; President Trump calls them unfair.

South Africa’s fiscus needs every rand in tax revenue it can get, but potentially lucrative revenue streams are out of reach ...

This article compares China's New VAT Law with current regulations across six aspects to help businesses navigate the ...

The Jerk Yard Limited operated mobile food stands at festivals. While preparing the accounts in October 2022, its accountant ...

Aditya Wicaksono and Yoan Putra Muda of GNV Consulting summarise a regulation aimed at smoothing the transition to the new ...

The decision’s implications for pharmaceutical firms seeking to recover overpaid taxes on clawback payments are considered by ...

In 2024, VAT payers were automatically refunded 2.5 billion lari of excess VAT, the Georgian Finance Ministry reported. To remind, the mechanism for automatic VAT refund was enacted in Georgia in 2020 ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

Rwanda Revenue Authority (RRA) has disbursed Frw184.4 million to consumers registered under the Value Added Tax (VAT) Reward ...

Previously, for credit insurance covering the price of a supply including VAT, in so far as the credit insurer was subrogated in the rights of ...

The new VAT law introduces several key changes including the scope of taxable transactions, clarification of "deemed sales", non-taxable items, ...

The Supreme Court (SC) on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with ...