The first decree amends certain provisions of the executive regulations of the VAT Law, while the second establishes a new accounting framework for calculating VAT on contracting and construction agre ...

KRA had initially demanded Sh122.1 million in corporation tax and Sh88.8 million in VAT from ICEA Lion following an audit.

In a welcome slam-dunk for the biscuit industry, Ferrero UK Limited’s 'Nutella Biscuits' have been found to be zero-rated, ...

The Gujarat High Court quashed a VAT Tribunal order, restoring an appeal and remanding the matter for fresh consideration because the Tribunal failed to address all specific grounds raised by the ...

Minister of Finance Ahmed Kouchouk has issued two ministerial decrees amending the executive regulations of the Value Added Tax (VAT) law to simplify compliance and clarify tax treatment for ...

You have been taken for fools, dear reader. This Government, the smuggest, most insolent, most supercilious in living memory, ...

Transportation and logistics providers in the United States often look south for potential growth opportunities. Thirty years of NAFTA (and now ...

The Czech ANO party and right-wing allies aim to maintain budget deficit limits, cap the retirement age, and lower energy costs. ANO plans to form a coalition with SPD and Motorists, focusing on ...

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 ...

Cooking gas prices in Kenya have surged to a 10-month high of KSh 3,158.35 for a 13kg liquefied petroleum gas (LPG). This is ...

On November 14, 1896, the speed limit was raised from a brisk walking pace of 4mph to 14mph. To celebrate this liberation, ...