State Council approves draft regulations to implement the new law, which aims to govern China’s biggest source of tax revenue ...

While the United States imposes a retail sales tax, many countries across the globe impose a value-added tax. VAT is similar to the retail sales tax, but it is imposed at every stage of the production ...

“It has been suggested that particularly the high-profile operators, which occupy a considerable part of the market, wish to be seen to be tax-compliant, notably for reputational reasons.” (OECD ...

Rep. Nathaniel M. Oducado of the 1Tahanan Partylist wants to slash the value-added tax (VAT) on electricity from 12 percent to 6 percent. In his House Bill (HB) 6984, Oducado proposes amendments to ...

A really very surprising claim in the letters page of the Wall Street Journal. Surprising perhaps in that it was printed there, rather than the claim itself. For this is a mistake that I've seen ...

A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly ...

To ensure greater clarity for taxpayers, businesses and stakeholders, the iVAS System has been formally rebranded as the eVAT System, while all its functions and services will remain unchanged.