The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.
The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...
Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...
House of Reps passes key tax reform bills, maintaining current VAT rate and clarifying inheritance tax, amidst economic adjustments.
The government aims to implement the VAT reforms by the end of the year, ensuring a more efficient tax system that aligns ...
Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...
The House of Representatives on Thursday considered and adopted the reports of its committee on finance regarding the four ...
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...
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Lawmakers Approve Tax Reform Bill, modify VAT charge, sharing formulaThe lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.
The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030.
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15% VAT, 19 Other Critical Provisions That Make up President Tinubu’s Tax Reform BillThe proposed Tax Reform Bill introduced by President Bola Tinubu contains some issues which have divided Nigerians along ...
The Federal Tax Authority (FTA) of the UAE recently amended some provisions of the UAE VAT Executive Regulations, ...
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