While the Treasury’s mooted percentage point VAT increase is now on hold pending another sitting of Parliament on 12 March, Daily Maverick examined the data. The impact could be devastating, ...

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

While the Federal Government currently controls VAT collection and distributes revenue based on a formula, some State governors particularly from the North rejected the bills. However, in January, the ...

You should populate the rest of your spreadsheet with all the formulas, keep an eye on minor and major details.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

There have been debates recently over the new sharing formula for VAT revenue as proposed in the new tax reform bills currently before the National Assembly. Members also agreed that there should be ...

The crisis is long over, but if you were a young family with babies three years ago, scary memories of escalating health worries and retail stores bereft of infant formulas remain. Moms shared ...

Real GDP can also be measured as a dollar or a percentage by calculating changes in real GDP from one period to the next. Real economic growth is used by policymakers to determine growth over ...

A change in the rules on VAT taxes for virtual events in Europe could see UK businesses facing the potential of double taxation and more complex administration. But there are steps they can take to ...

MPs are set to debate proposed changes to VAT rates on electric vehicle charging, with a private members bill seeking to eliminate additional charges entirely for public charging points. Conservative ...

It includes all sales of goods and services, providing a starting point for calculating net sales. Gross sales give an initial overview of a company’s sales volume. Sales returns: These are the ...