Justice Charles Kariuki ruled that KRA’s reclassification of Animix Limited’s goods from zero-rated to general-rated was ...

Woolworths Holdings secures a landmark victory against the South African Revenue Service, with the Supreme Court affirming ...

The CREATE MORE Act ushered in changes to certain documentary requirements for VAT refund claims. Beyond compliance lies a jungle of possibilities and challenges — where does your business stand? Dive ...

Any cuts to VAT on food would need to be covered either by larger budget cuts or by fresh taxes, Prime Minister Kristen ...

With VAT, though, each stage of the production process is taxed, from raw materials to the finished product. For example, a farmer sells flour to a baker for $1 plus a 10% VAT.

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT ...

Just wondering if anyone else is experiencing this... It seems there may be a glitch on HMRC’s side at the moment with releasing ...

It's hard to make tax sexy, but Italy is doing its best. On Monday, the Italian government announced will cut the country's VAT on art sales from 22 percent-the highest in the European Union-to just 5 ...

By midday Wednesday, more than 50,000 people had signed a citizens' initiative calling on the Riigikogu to lower the ...

Clatterbridge Pharmacy (trading as PharmaC) is a wholly owned subsidiary of the Clatterbridge Cancer Centre NHS Foundation ...

In Europe, VAT rates vary by country, but on average are about 20 percent — far higher than sales taxes in the United States, which averaged 6.6 percent in 2023, according to the Tax Foundation.