Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

Globally, value-added taxes amount to 20 percent or more of total tax revenue in 21 of the 37 Organization for Economic Cooperation and Development countries that operate a VAT. The tariffs that ...

If you’ve ever found yourself staring at a receipt, wondering how much of it went to tax, or trying to figure out how much VAT to charge on an invoice — you’re not alone. VAT (Value Added Tax) is one ...

Value-added taxes” are a common type of consumption tax used worldwide. They don’t create a trade disadvantage for the U.S., ...

As countries scramble to respond, there is no sign that the tax, which funds a large share of government budgets around the planet, is going anywhere. VAT is levied on the value added at every step of ...

As the digital economy expands, governments across the globe are striving to ensure tax fairness and protect domestic ...