Bahamian Prime Minister Philip "Brave" Davis has announced that the value-added tax rate on all food sold in stores would be ...

No value-added taxes (VAT) on fruit and vegetables, but increased VAT on meat and milk would have a positive effect on ...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said it is possible for the ...

While hiking value-added tax (VAT) on 43 goods and services, the National Board of Revenue (NBR) is also focusing on widening ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...

The governor of Nasarawa State, Abdullahi Sule, has faulted the efforts to create a wedge between President Bola Tinubu and ...

THE Bureau of Internal Revenue (BIR) has ruled to exempt from taxation the transfer of assets and the issuance and transfer of securities.  Signed by Finance Secretary Ralph G. Recto, Revenue ...

The government will slash the rate of value added tax (VAT) on food by 50 percent beginning April 1, Prime Minister Philip ...

The Philippines has taken a step to boost tourism and enhance the shopping experience for international visitors through ...

South Africa may see significant changes to the value-added tax (VAT) regime this year, including expanding the list of VAT-exempt food items. VAT is an indirect tax on the consumption of goods ...