In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced. For businesses engaged in zero-rated sales, the ...
The proposal is to have a system that resembles a sales tax by disallowing Vat input claims and to rely solely on the payment ...
Dubai: Tourists visiting the UAE can claim a refund on the Value Added Tax (VAT) paid on eligible purchases during their stay. The UAE introduced VAT at a rate of 5 per cent in January 2018 and later ...