The US also charges federal excise taxes on certain goods, including fuel, alcohol and tobacco products. Supporters of a VAT in the US claim it would streamline the revenue process and limit tax ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

Although Mr. Trump says the value-added tax gives international exporters an unfair advantage, U.S. companies do not pay sales tax when they export products abroad, similar to the way that the ...

To continue with its drive to provide affordable healthcare to Filipinos, the Food and Drug Administration (FDA) has added 17 ...

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 ...

National Treasury will bump up taxes on all alcohol and cigarette products, with the exception of traditional African beer.

Budget Speech 2025 sees VAT increase announced . Godongwana has announced that VAT, currently at 15%, will increase by half a percentage point in 2025/26 and another half a percen ...

MEXICO CITY — The on-again, off-again threat of U.S. tariffs on goods from Mexico and Canada took another dizzying turn ...

Morocco’s customs revenues have shown resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February.

The European Union on Tuesday formally approved a major reform of the bloc’s value-added tax regime.