It is a proven fact that value added tax (VAT) is a regressive tax which burdens the poor more than the rich. Finance minister Patrick Chinamasa proposed VAT on basics when he presented the 2017 ...

Click here to view the full article as an Adobe Acrobat PDF. The VAT is an old idea in tax policy that, despite periodic consideration, has not been adopted in the United States.[1] The absence of a ...

As consumers in the UAE wait with bated breath for the final Value Added Tax (VAT) law to assess the eventual impact of the impending reform on their cost of living, most tax experts now see a greater ...

Windhoek — In this series of articles, Cameron Kotze - the Tax Partner at Ernst and Young - discusses some topical tax issues for our readers. VAT is an 'indirect tax'. This means that the person who ...

VALUE Added Tax (VAT) development across the globe has been a major success story in taxation over the last half century, but even with its long existence there is a still need for more improvements ...

Amid increasing prices and people’s decreasing purchasing power, the Value Added Tax on basic food products has been reduced from 8 to 1 percent. Economists warn that this reduction may not affect the ...

Ilocos Norte Governor Imee Marcos claimed on Sunday that suspending the Value Added Tax on basic commodities for a year would help more Filipinos cope with the impact of skyrocketing inflation. In a ...