Amid historically low birth rates and economic pressures from its aging population, China will eliminate a decades-old tax ...

China introduced a 13% tax on contraceptives while exempting childcare services as the global superpower battles sustained ...

Under new rules, sellers will pay just 3 per cent VAT if they offload a property within two years of purchase, down from 5 ...

In an official notice to all VAT-registered taxpayers, the GRA outlined the key changes following the passage of the Value ...

Anthony Kwasi Sarpong, has indicated that the revenue collection agency will begin charging the new Value Added Tax (VAT) rate of 20% from today, January 1, 2026, instead of the old rate of 21%.

What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...

The Inland Revenue Department (IRD) has said the implementation of the new tax invoice format and specifications for Value Added Tax (VAT) registered persons has been deferred to 1 April 2026. ..

Following the passage of the Value Added Tax Act, 2025 (Act 1151), which takes effect from January 1, 2026, the VAT rate has ...

Lower capacity countries often struggle to administer the Value Added Tax (VAT) in the extractive industries, partly due to the large VAT refunds needs of this capital and export-intensive sector.