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.

In moves to protect businesses located in the U.K., there have been a number of recent changes to ensure that the U.K. taxes ...

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

Thus there is no quick fix, with Budget 3.0 reportedly coming in with around R60 billion in budget cuts, on top of smaller ...

Kenya's Finance Bill 2025 proposes a 16% VAT on previously exempt goods across key sectors like health, energy, housing, and ...