David Kindness is a Certified Public Accountant (CPA) and tax expert: “Creating a VAT invoice isn’t complicated once you know ...

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 ...

China's State Taxation Administration released value-added tax (VAT) invoice data on Wednesday, revealing strong consumer spending during the Spring Festival holiday. The eight-day holiday ...

BEIJING, Feb. 5 (Xinhua) -- China's State Taxation Administration released value-added tax (VAT) invoice data on Wednesday, revealing strong consumer spending during the Spring Festival holiday.

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, ...

You can find a comprehensive explanation of this here: Shorts UK) You will be required to charge the VAT element on your sales invoices. For example, if your invoice value is £1,000, you’ll add £200 ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic ...

Rising from its engagement with the Presidential Committee on Fiscal and Tax Reforms in Abuja on Thursday, the NGF endorsed an updated VAT distribution formula. The governors proposed that the VAT ...

Offshore DSPs shall immediately be subject to VAT after 120 days from the effectivity of the IRR. The BIR shall submit the draft IRR to the Finance department and has until Jan. 16, 2025 to issue ...

Gifted private school students from lower-income families will be spared VAT charges on fees, the Government has said. Ministers have said the Government would provide financial support to pay the ...

Lena is a freelance contributor to Newsweek’s small business team. A business owner herself, today she advises on business owners of all kinds on proper management, software, and tools to ...