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South Africa has arrived at its Tax Freedom Day for 2025 — the day taxpayers theoretically stop working for the government ...
Businesses appreciate the Trump administration’s approach to ensure that the US tax system and the global minimum tax framework don’t overlap, officials from some of the largest American corporations ...
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BusinessWorld on MSNSoon taking effect: The 12% VAT on digital servicesAs the digital economy continues to expand, governments worldwide are adapting their tax systems to keep pace. The Philippines is no exception. Starting on June 2, digital services consumed within the ...
Past OPA audits found that alcohol wholesalers essentially pay sin taxes on the honor system. Wholesalers tell the Department of Revenue and Taxation how much they owe, and only have to verify it ...
Countries that care about the fair taxation of tech multinationals and equitable global distribution of wealth should back ...
Fernando Matesanz of Spanish VAT Services calls for a rethink of national VAT frameworks after two key judgments that support ...
Indonesia's underperforming VAT system should bring the informal sector into the tax framework, closing loopholes that cost ...
President Trump’s new import taxes are based not on specific goods like cars or steel, but on how he thinks other countries ...
The Kenya Finance Bill 2025 has introduced new digital tax rules and VAT exemptions for local tech and manufacturing sectors.
"I want a broad ranging process to reform our tax system," Ms Spender said. "That's not about ad hoc changes to individual taxes. It's about explaining to the electorate why we need reform." ...
they must report and account for supplies and purchases at the 15.5% rate until they can make the necessary system adjustments. According to the commissioner, the VAT transactions that were charged at ...
(Damian Lemanski/Bloomberg News) The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy ...
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