Wale Edun, Finance Minister and Coordinating Minister of the Economy, has dismissed rumours of a planned hike in the Value-Added Tax (VAT) rate from 7.5% to 10%. In a Monday statement, Edun clarified ...
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DoF warns VAT rate cut could slash P1 trillion in revenue and risk credit rating downgrade
THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, ...
The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said that reports he is proposing an increase in VAT rate have been quoted out of context. The Nation ...
BANGKOK: Prime Minister and Interior Minister Anutin Charnvirakul has dismissed concerns over a planned rise in value-added ...
LONDON (Reuters) - Inflation could take an extra year to fall back to its 2 percent target if a widely expected hike in value-added tax takes place, potentially causing an earlier start to Bank of ...
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