During the 1970s and 1980s, many developing countries enacted value-added taxes (VATs) as a part of their fiscal structures. The productivity of this source of revenue has depended in large part on ...

A key feature of the invoice-credit form of value-added tax (VAT) is that some businesses- notably ... practice that takes into consideration compliance issues faced by countries during different ...

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

A VAT is a consumption tax used throughout Europe and many other countries, but not the U.S ... with the government getting paid at different points along a product’s supply chain.

President Trump’s new import taxes are based not on specific goods like cars or steel, but on how he thinks other countries ...

More than 170 countries worldwide use VATs ... and local sales tax rate is 7.5% in the U.S, the Tax Foundation said. Value-added taxes are different than tariffs, economists explain.