Last year marked a significant chapter in tax reform, with new laws enacted to amend and update the National Internal Revenue Code (Tax Code). Among these is Republic Act (RA) No. 12023, which imposes ...

Hi all, My client sells goods internationally, with goods subject to 20% VAT. They've recently started offering customers an optional /shipping protection/ ...

FINANCE Secretary Ralph G. Recto said digital service providers (DSPs) are likely to absorb the new value-added tax (VAT) on digital services, instead of passing the cost on to consumers.

I am a UK based graphic designer operating as a limited company (but employing only myself). Earlier this year, I breached the £90k turnover ...

Vat Savitri Puja has great importance in Hinduism. On this day, married women dress up and observe a fast for their husbands.

Last week, the KwaZulu-Natal government withdrew its budget after a ruling by the Western Cape High Court, which blocked the ...

The Minister for Finance and President of the Eurogroup Paschal Donohoe is in Brussels this week to chair the Eurogroup ...

4. The contention of the petitioner was that, liquid Carbon Dioxide falls within Entry-100 (190) in Schedule-IV of the VAT ...

Cyprus’ Green party remains in “constructive opposition”, despite having supported Nikos Christodoulides in the last ...

The Tax Appeals Tribunal has ruled in favor of the Law Society of Kenya (LSK) regarding whether VAT is applicable on annual practicing certificate fees and other fees charged on the society ...

The upcoming national budget must outline a comprehensive roadmap to prepare for the country’s graduation from the least ...

A tax adjustment or even a hike appears increasingly unavoidable in Romania, according to Dragoș Anastasiu, advisor to acting ...