The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

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

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.

While the hike is suggested as a necessary measure to bolster the national budget, some experts argue there are other ...

Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

The Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Plan Implementation, and Economic Development to publish the draft bills  of ...

Tax Justice SA urges the South African government to reconsider a proposed VAT hike, arguing that tackling the illicit ...

Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...

Romanian prime minister Marcel Ciolacu revealed plans to cut 1,800 civil servant positions (13.5%) from 32 institutions under ...

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and ...