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

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

is Europe’s value-added tax system. “They rip us off,” he said of the European Union. “It’s so sad to see. It’s so pathetic.” The VAT system is used to tax the consumption of goods ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

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 ...

Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods ...