A major change has just come into effect… If you’re currently visiting the Kingdom or are planning a visit, you need to know ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

Business-to-Consumer (B2C) transactions VAT RULES FOR LOCAL SALES OF RBEs 1. B2B Transactions For this type of transaction, the obligation to file and pay the VAT lies with the buyer. For ...

When we talk of CREATE MORE (Republic Act No. 12066), we usually refer to the amendments made on the tax incentive rules. But ...

The government has been pushing to attract more investors for the Philippines to become more competitive with other ASEAN countries. Recent tax laws are trying to keep up with the digital world, where ...

Finance Minister Enoch Godongwana has introduced urgent legislation in Parliament to scrap the impending value-added tax (VAT ...

Parties involved in legal action over private schools fees have been recalled to court as government aims to make a report ...

Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods ...

Tourists visiting Saudi Arabia are now eligible to receive a refund on the 15% Value Added Tax (VAT) paid on goods and ...

[WATCH] EFF treasurer general Omphile Maotwe says the government must introduce an "apartheid tax" for people who inherited ...

READ ALSO Explained: What France's new budget means for you Under current rules, anyone registered as a micro-entrepreneur benefits from a simplified business regime, as well as a VAT exemption on ...

The VAT Consultancy (TVC), one of the UK’s leading independent VAT advisory firms, has officially launched My Virtual VAT Team (MVVT) – a new digital platform designed to give in-house tax and finance ...