Steam is set to implement a 12% value-added tax (VAT) in the Philippines starting June 1. The game distribution company bared ...

CREATE MORE (Republic Act 12066) made significant clarifications on the taxation of and incentives enjoyed by registered ...

This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

Finance Minister Enoch Godongwana softened the VAT hike but scrapped tax bracket relief, meaning all taxpayers face higher ...

The Philippines has long been regarded as a premier tropical destination for foreign tourists from around the world. From the pristine white sands of Boracay and the world-class surfing waves of ...

Indonesia's VAT and CIT gaps, averaging 6.4% of GDP between 2016-2021, are driven largely by non-compliance and tax policy inefficiencies, leading to significant revenue losses. Strengthening ...

Although the VAT in the Digital Age package changes will take a few years to be implemented, businesses need to start ...

With an increase in Value Added Tax (VAT) announced during the recent Budget Speech, Observer intern Cecelia Mogashoa breaks down what VAT is and its importance.

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

VAT increases have a disproportionate impact on workers and the poor, more so on the bottom 40 per cent of society in income ...

The Council has today given its final green light on a set of laws to make the EU’s value added tax (VAT) rules fit for the ...