Services are generally subject to value-added tax in the Philippines. However, this is not without limitation. While VAT is ...

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, ...

The Spanish government is seeking parliamentary approval for a new 21% value added tax on short-term tourism rentals - double ...

Romania's president-elect Nicușor Dan stated on May 22 that increasing the value-added tax (VAT) rate is not a preferred ...

In a bid to discourage the use of plastic, the interim government may double the value-added tax (VAT) on some synthetic ...

Millions of pension savers are at risk of a stealth tax raid under Rachel Reeves after officials launched an inquiry into ...

Investigators allege EU funds were threatened by a complex VAT evasion scheme tied to Chinese-run firms in Italy.

While the VAT hike was reversed, critics say the fuel levy rise will still strain consumers, businesses, and essential ...

Hindustan Zinc, a subsidiary of Vedanta, has received a Rs 1,87,60,764 tax penalty order from the Coimbatore’s Commissioner ...

While consumers welcome relief from the reversal of the VAT hike in South Africa, the decision also means that the basket of ...