MANILA, Philippines – Senator Loren Legarda filed two bills to lower prices on basic goods and services while expanding value ...
Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...
A consumer rights group has called on the national government to suspend the excise tax and value-added tax (VAT) on petroleum products as the mega oil price hike took effect on Tuesday,.
President Donald Trump is planning to unveil reciprocal tariffs on Wednesday to retaliate against trade practices his administration deems unfair or discriminatory. Among the grievances is the ...
In the context of the current discussion on possible tax reforms in Argentina, Julián Folgar analyzes one of the most relevant and yet least understood taxes in the system: the VAT (Value Added Tax) ...