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Trump, VAT and tax

The Wall Street Journal on MSN · 6d

What Is VAT? The Tax Fueling Trump’s Latest Trade Fight

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic barriers used by trade partners. His newly issued memorandum cited value-added taxes,

Newsweek on MSN · 7d

VAT Vs. Sales Tax: What We Know As Trump Signs Reciprocal Tariffs

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Each participant in the supply chain pays VAT on their purchase price and charges VAT on their sales price, making this system widely prevalent in over 160 countries, particularly in the European Union.

New York Post on MSN · 5d

Trump plans to impose new US tariffs on countries with value-added taxes

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match.

South Africa, Value-added tax and budget

The Conversation on MSN · 3h

South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to tax collection after personal income tax, followed by corporate taxes.

South Africa's finance minister fails to unveil budget after tax row

South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following sharp disagreements within the coalition government. Coalition partners derailed his budget after opposing his plan to raise value-added-tax (VAT),

The Washington Post · 1d

South Africa abruptly cancels budget speech over dispute in governing coalition

South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition

6d

What Is the Value-Added Tax That Trump So Despises?

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

usace.army.mil2d

VAT app users save big on small purchases with 2025 program rollout

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

6don MSN

How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs

A value-added tax is not a tariff, but Trump blames it for America’s trade deficit with the European Union.

10hon MSN

SA's proposed VAT hike: Economists weigh in on budgetary implications

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

Calm down, raising Vat to 17% has its benefits

Proposed budget contains income tax relief to limit the impact on the poor, while more necessities can be zero-rated and ...

2d

UK Inflation Soars to 10-Month High as VAT Hits Private Schools

UK inflation climbed to the highest level in 10 months in January, boosted by the cost of food, airfares and the imposition ...

igamingbusiness2d

Colombian gambling trade body warns new VAT could lead to operators withdrawing

The Colombian Federation of Gambling Entrepreneurs has hit out at the government’s implementation of a 19% value-added tax ...

2don MSN

Maharashtra asks Bira maker to pay ₹26 cr VAT as co struggles with vendor dues

The Maharashtra value added tax department has issued a notice to all distributors of the beer brand, directing them to pay ...

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