Around 32,000 jewellery shops in the country are operating without value-added tax (VAT) registration, apparently evading the ...

The Spanish Tax Court clarified that a sale and lease-back transaction carried out between an entity and a bank does not qualify as a supply of ...

The Federal Inland Revenue Service (FIRS) has reported a substantial rise in Nigeria’s Value Added Tax (VAT) collections, which reached ...

Dubai’s tax landscape is a major draw for individuals and businesses, offering significant financial advantages while ...

Digital goods are currently taxed in 31 states. The large market states where such products and services are generally not subject to tax, ...

A panel of the NBR has suggested the introduction of an e-invoicing system to collect value-added tax (VAT) to establish transparency in the collection of the indirect tax, the biggest source of ...

At the heart of the plan is a substantial increase in the Value-Added Tax (VAT) rate, a move that has drawn criticism from ...

Highlights:  VAT collection from cement, hotels, medicine, cigarettes, gas sectors fall NBR officials noted the decline in LTU-VAT revenue is rare Industry insiders attributed the decline to economic ...

African nations such as Nigeria and Kenya desperately need market economies and freedom from the socialism and statism that ...

Stuart Brodie, Partner at Claritas Tax, explores how the UK’s high VAT threshold holds back small businesses and argues that lowering or scrapping it could boost growth and help the economy.

DHAKA, Feb 2, 2025 (BSS) – The National Board of Revenue (NBR) has exempted the Value Added Tax (VAT) on fees, hotel rents ...