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 Council formally adopted today new rules aimed at replacing the current paper certificates used to declare exemptions from the EU’s value added tax (VAT) with a new electronic form.

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

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

VAT collected by Mozambique increased by 20% in 2024, to 76,396 million meticais (€1.140 billion), but missed the 2024 state budget target, according to official figures that Lusa had access to on ...

Auctioneers carrying away electronics and other office equipment during a past raid /FILE Cars and other assets seized by banks for loan defaults will be subjected to Value Added Tax following a Tax ...

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

The heavy loss of revenue due to the government's failure to bring all high-cost luxury item sellers into the value-added tax ...

The VAT position on promoting an event overseas will generally depend on the location of the customer and where the services are being supplied.

In the era of computerization of business processes, many companies still have doubts about the form in which invoices can be ...

The rapid growth of e-commerce and digital trade is reshaping global economies, particularly in developing nations, but ...

This is reported on the Kremlin's website. The law establishes a mechanism for collecting VAT in the country of destination of goods when selling goods by organizations and individual entrepreneurs ...