The proposal to lower the value-added tax (VAT) registration threshold to include businesses with annual revenue of less than 1.8 million baht could increase the burden on small retailers already ...

The Council reached agreement on the position of member states (the so-called ‘general approach’) on the directive on value added tax (VAT) rules for distance sales of imported goods and import VAT.

Among these is Republic Act (RA) No. 12023, which imposes a 12% VAT on all digital services consumed in the Philippines. RA 12023 introduced Section 108-A to the Tax Code, outlining the liabilities of ...

JOHANNESBURG - There has been mixed reaction to the Western Cape High Court order setting aside the value-added tax (VAT) increase and the fiscal framework. On Sunday, the court ruled in favour of ...

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal framework has been approved and adopted by parliament. Finance minister Enoch ...

JOHANNESBURG - The proposed VAT increase, which was meant to be implemented next month, has been reversed. Treasury issued a statement shortly after midnight on Thursday. The VAT rate was ...

IOL earlier reported that Finance Minister Enoch Godogwana has scrapped the VAT increase. The ANC has strategically excluded the two GNU parties, the DA and the Freedom Front Plus (FF+), which ...

Deputy Prime Minister Ho Duc Phoc announced that government spending will increase this year, with approximately $6.7 billion allocated to fund early ... resolution on reducing the value-added tax ...

Finance Minister Enoch Godongwana has responded to the court bid by the Democratic Alliance (DA) to avert a VAT increase being ... costs will amount to R389.6 billion in the current year.

The researchers say VAT and excise duties are particularly relevant to the agricultural and food sectors. The proposed 6.83% increase in excise duties on alcoholic beverages is expected to have ...

When he unveiled his worldwide tariffs last week, President Trump blamed “exorbitant VAT taxes” among the factors for America’s yawning trade deficit. The president and his advisers claim ...

April 6 (Reuters) - South Africa's National Treasury ... (DA), on Wednesday rejected a proposal in the budget to raise VAT by 1 percentage point spread over two years, arguing it would hit the ...