The Export Marketing Bureau (EMB) of the Department of Trade and Industry plans to release a new set of procedures for local ...

Vietnam’s decision to collect value-added tax (VAT) on cheap products imported via express delivery service will affect Thai ...

Financial experts warn that a potential VAT increase could devastate South African households already struggling with rising ...

The important question in a democratic setting is who gets to pay taxes and how they connect to the well-being of its ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with ...

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...

Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

A tax expense is a liability owed to a federal, state, or local government within a given time period, typically over the course of a year. Tax expenses are calculated by multiplying the tax rate ...

A tax base is the total value of all of the assets, income, and economic activity that can be taxed by a taxing authority, usually a government. It is used to calculate tax liabilities.

On 16 January 2025, the President ratified Supplementary Law No. 214/2025, marking a significant step in Brazilian tax reform. This new law outlines the framework for the IBS, the CBS, and IS ...