Currently, only 137,700 taxpayers—just 6% of Kazakhstan’s 2.3 million registered taxpayers—are VAT payers. Among these, only ...

The heavy loss of revenue due to the government's failure to bring all high-cost luxury item sellers into the value-added tax (VAT) net is alarming. Consider the case of gold. According to a report by ...

Most entrepreneurs want the government to raise tariffs on products imported to Thailand if it continues with its tax reform ...

Around 32,000 jewellery shops in the country are operating without value-added tax (VAT) registration, apparently evading the ...

Revenues from the retail sector are expected to rise by 10 to 15 percent this year, according to the Philippine Retailers ...

The FICCI identified major concerns for businesses due to the increase in VAT rates to 15 per cent under non-recoverable conditions for procurement provider, repairs and maintenance, transport ...

The UAE has granted $790m in tax refunds for nationals building new homes, and also shared details of VAT waivers for ...

The move follows similar initiatives in neighboring GCC countries. Saudi Arabia and Bahrain have already increased their VAT rates to 15% and 10%, respectively, while Qatar and Kuwait are expected to ...

Highlights:  VAT collection from cement, hotels, medicine, cigarettes, gas sectors fall NBR officials noted the decline in LTU-VAT revenue is rare Industry insiders attributed the decline to economic ...

The start of VAT on fees has made things more competitive, and parents and headteachers everywhere are entering into deals, ...

The number of approved applications for tax refunds for the construction of new UAE national-owned residences also increased ...

Kano, Adamawa, and Borno States have emerged as the leading contributors to the Value Added Tax (VAT) pool in northern ...