Last year it announced a swingeing, three-percentage point hike in VAT. The process did not go entirely smoothly ... Now I suppose we should be grateful for small mercies in the form of these ...

MANILA, Philippines — The Food and Drug Administration (FDA) has added 17 drug products to its list of essential medication exempted from the 12 percent value-added tax (VAT), making these more ...

THE Department of Inland Revenue’s (DIR) VAT refunds as part of its first home ... They noted that a revised form was released to them on December 21, 2023, and they submitted a completed ...

Fernando Matesanz of Spanish VAT Services argues that reporting obligations for platform operators should be harmonised to prevent them from becoming ‘quasi-tax inspectors’ in a digital economy ...

However, its 12% VAT is higher than the 5% imposed in the United Arab Emirates and Taiwan, 7% in Thailand, 8% in Malaysia and 9% in Singapore. It is one of the highest in Southeast Asia.

Steam is set to implement a 12% value-added tax (VAT) in the Philippines starting June 1. The game distribution company bared the upcoming change on its website, months after President Ferdinand ...

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However, the lawmakers retained VAT at 7.5%, rejecting the original proposal, and excluded minimum wage earners from income tax to ease the tax burden on lower-income earners. The amendments ...

Abuja --The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per cent by 2030 as proposed in the Tax Reform Bills being debated ...

THE strife between the ANC and the DA over the proposed VAT increase once again took centre stage when ANC secretary-general Fikile Mbalulu accused their Government of National Unity (GNU ...

Five people have been arrested in connection with the European Public Prosecutor’s Office investigation into an £11.7 million VAT fraud involving the trade of second-hand mobile phones. The arrested ...