Presidential Advisor on the Economy, Seth Terkper, has reaffirmed the importance of Value Added Tax (VAT) as one of Ghana’s ...

Taxation is a crucial pillar of Ghana’s economic development, ensuring the government has the necessary revenue to fund ...

The House of Representatives on Thursday considered and adopted the four tax reform bills.The bills were adopted after a clause-by-clause consideration and approval at the Committee of the Whole, ...

Nigeria's parliament passed tax reform bills, aiming to improve revenue collection and streamline tax laws. However, key proposals like VAT increase and revenue allocation were modified. The bills ...

Faleke noted that the committee recommended that Value-Added Tax (VAT) be based on consumption, maintaining the rate at 7.5%.

The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.

South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but the move was still rejected by trade unions who say any rise in ...

Andhra Pradesh High Court held that subsequent sale of liquor by the petitioner to the customer would not be exigible to VAT ...

Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.

which is added to the state sales tax. Many countries outside the United States impose a value-added tax rather than a sales tax. How Sales Taxes Work Conventional or retail sales taxes are only ...

While the value-added tax claim is a trifling sum for X, a company that generated $3.4 billion in revenue in 2023, the case is significant as it hinges on the way social networks provide access to ...

There are different types of tax, one of them being VAT. VAT can seem complicated, but it doesn’t have to be. You might be wondering if your SME has to register for VAT. Luckily, In this article, ...