South Korea's tax revenue increased by 5.5 trillion won (US$3.8 billion) in March compared to a year earlier, driven largely ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...

Political parties the DA and EFF challenge the constitutionality of Section 7 (4) of the Vat Act. However, this case may even ...

We do sympathise with those larger businesses that have had to incur further expense, and highly urgently, to re-update ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

When the Tax Reform Bill becomes law, real estate transactions will be exempted from Value Added Tax (VAT), Taiwo Oyedele, ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

Julius Malema said the budget deadlock could have been resolved much earlier if Godongwana had taken the objections seriously ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

THE Food and Drug Administration (FDA) has updated its list of medicines that are exempt from value-added tax (VAT).In a news ...