Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...

Fikile Mbalula stated that cutting ministerial perks would not have saved enough to fund the country’s R2.7 trillion budget, ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030.

The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.

The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.

Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...

The House of Representatives has approved the Tax Reform Bills submitted by President Bola Tinubu following the consideration ...

South Africa's budget faces opposition as political parties debate a crucial increase in value-added tax. Finance Minister ...

The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per ...