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 ...

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 ...

Steam announced in their FAQ that they will impose a 12% tax in the Philippines effective June 1. Here's what you need to know.

The House of Representatives has approved a new VAT sharing formula, allocating 55 percent to states and 35 percent to LG ...

THE 2025 Budget maintains fiscal consolidation while acknowledging risks. It supports economic growth through increased infrastructure investment and manages spending pressures with a phased VAT rise ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...

Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...

Gabriel Caldiron Rezende of Machado Associados summarises the general aspects of the recently enacted Brazilian tax reform ...

Finance Minster Enoch Godongwana Wednesday tabled his budget for the for the 2025/2026 financial year, a month after it was ...

The Department of Finance (DOF) released the draft implementing rules and regulations (IRR) for Republic Act 12079 or the ...

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