Italy has handed tax demands to Meta , X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could ...
While it has been reported that Facebook and Instagram parent company Meta and Elon Musk's social network X were under investigation for alleged tax fraud, it had not been disclosed that Microsoft's ...
Global sales tax compliance is no longer just an administrative nuisance—it’s a trillion-dollar problem amplified by AI.
As lawmakers consider limiting corporations’ state and local tax deductions, companies warn of a backdoor tax increase.
However, the country faces a persistent challenge: a narrow tax base where salaried workers bear the brunt while many ...
Presidential Advisor on the Economy, Seth Terkper, has reaffirmed the importance of Value Added Tax (VAT) as one of Ghana’s ...
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, ...
Below are 20 key provisions of one of the tax bills. •Increment in VAT: Value Added Tax (VAT) will increase from 7.5% to 10% by 2025, 12.5% from 2026 to 2029, and 15% from 2030 onwards.
National Treasury working on a 0.5 percentage point increase Finance Minister Enoch Godongwana to table budget on March 12 South Africa’s cabinet will back a value-added tax increase in exchange for a ...
Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...
Indonesia faces the challenge of increasing tax revenue while ensuring social equity. A potential solution is a modernised value-added tax system that maintains a uniform rate across all goods and ...