President Trump said Saturday the U.S. will treat value added tax (VAT) systems the same as tariffs, for purposes of helping ...

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, ...

Italy’s financial police, the Guardia di Finanza, analysed 7bn financial transactions carried out through Amazon between the ...

Value-added taxes are common in Europe; President Trump calls them unfair.

Donald Trump’s latest tariff proposal could see UK exports hit with higher trade taxes, as VAT is included in tariff ...

ITAT Chennai held that when the cash is sourced out of recorded sales, the provisions of section 69A of the Income Tax Act could not be invoked since sales have already been offered to tax and taxing ...

The government says it is banking on netting in more revenues in the 2025-2026 financial year after a cabinet meeting approved new tax policy reforms, in a bid to expand the country's tax base and ...

Money - At the end of 2024, the European Commission published the VAT Gap report for 2022. At the EU level, the collection ...

A new study led by University College London reveals how food VAT reforms could transform diets, reduce emissions and boost ...