How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs
While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...
VAT Vs. Sales Tax: What We Know As Trump Signs Reciprocal Tariffs
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...
Reciprocal Tariffs Are On, But VAT Is The Bigger Elephant In The Room
Three weeks into office, President Trump advanced his 'America First' trade agenda by investigating reciprocal tariffs and ...
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VAT-exemption on electricity pushed
Re-electionist Senator Francis Tolentino is advocating for the removal of the 12% value-added tax (VAT) on electricity rates.During his visit in Pampanga on Mon ...
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Saudi: VAT will be refunded to donors of public benefit projects
The authority said that donors wishing to benefit from the service shall go through the regulations related to considering ...
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Vietnam to impose VAT on low-value express-imported goods
Vietnam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped ...
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King William's College fees set to rise after VAT introduction
The UK Government added 20% VAT to private school fees which came into effect in January. While King William’s College (KWC) ...
Private school that taught Britain’s Astronomer Royal closes after Labour VAT raid
An independent school in Shropshire that taught Britain’s Astronomer Royal has announced it is closing following Labour’s tax ...