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Services are generally subject to value-added tax in the Philippines. However, this is not without limitation. While VAT is ...
The Manila Times on MSN4h
Understanding VAT exemptions
IN a profession marked by constant change and intricate legislation, taxation in the Philippines is anything but static. For certified public accountants (CPAs), navigating these changes has become a ...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulation (RR) 14-2025, amending specific provisions of RR 3-2025, ...
Top officials at the European Union’s executive commission says they’re pushing hard for a trade deal with the Trump ...
According to Jordan Mulindi, Tax Attorney at Latita Africa, the budget tabled on 21 May 2025 abandoned the previous VAT ...
Millions of pension savers are at risk of a stealth tax raid under Rachel Reeves after officials launched an inquiry into ...
The Kenya Association of Air Operators (KAAO) has strongly opposed the proposed re-introduction of Value Added Tax (VAT) and ...
Starting from May 2025, OpenAI, L.L.C. — a leading U.S. organization in the field of artificial intelligence and the creator of ChatGPT — has undergone conditional registration in Kazakhstan to pay ...
The World Bank has asked the Federal Government to issue a presidential order raising excise duties on “sin goods” such as ...
Impact Contracting Solutions Ltd (ICSL) supplied labour to its customers, registering for VAT in 2015. HMRC wrote to ICSL as it considered the ...
A proposed 3.5 percent tax on outbound remittance can raise costs incurred by Bangladeshi migrants sending money back home from the US to nearly Tk 5,000 crore annually, said a local think tank ...
The government’s controversial decision to impose VAT on private school fees has led to over 13,000 children being pulled out ...