The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional paper-based system. The Council’s decision, ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic ...

This article compares China's New VAT Law with current regulations across six aspects to help businesses navigate the ...

lower VAT rates to e-publications such as electronic books, newspapers and periodicals. The draft proposal is part of the EU's wider effort to modernise value added tax for the digital economy in the ...

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 03-2025 to set the implementing rules and ...

US President Donald Trump is escalating his global tariff and trade war, this time targeting countries that charge VAT on ...

The EU’s VAT in the Digital Age (ViDA ... Romanian-established businesses must issue and transmit electronic invoices through the national RO E-Factura system to other Romanian recipients.

The draft regulation also defined VAT will apply to both business-to ... It also directs all payments and remittances are electronic and shall be in Philippine peso (P). The draft regulation ...