That puts us in the minority, though: VAT, a multi-layered tax applied at each stage of the manufacturing and marketing process, is used in more than 170 countries —including Canada, Mexico and ...

The National Assembly has been urged to exclude the Value Added Tax rate from the proposed tax laws to allow easier amendments in the future. The Nigerian tax bill, titled, ‘An Act to Repeal Certain ...

As an American tourist, you can get a VAT refund and save money on your purchases! This video breaks down the VAT refund process, including how much you can save, the required documentation, and ...

There is no general legislative right of recovery except where there is a change in the VAT rate, fraud, or misrepresentation ...

“The VAT Act requires a Rate Bill to be passed by Parliament for the proposed VAT increase to become effective.” He also ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

However, the process of obtaining a VAT refund in the Philippines is often one of the most challenging experiences taxpayers can go through. Considering the rigorous documentation requirements and ...

# THE Department of Inland Revenue’s (DIR) VAT refunds as part of its first home construction and renovation programme is a “farce”, according to one frustrated Bahamian. # The citizen, speaking ...

The Philippines has long been regarded as a premier tropical destination for foreign tourists from around the world. From the pristine white sands of Boracay and the world-class surfing waves of ...

The Country Senior Partner at PWC Ghana has stressed the importance of proper implementation in the government's VAT reform plans, stating that while the proposed changes look promising on paper, ...