Value-added taxes could promote healthier, more sustainable diets
No value-added taxes (VAT) on fruit and vegetables, but increased VAT on meat and milk would have a positive effect on ...
The Daily Star4d
NBR plans to phase out tax exemptions
While hiking value-added tax (VAT) on 43 goods and services, the National Board of Revenue (NBR) is also focusing on widening ...
Sun Star2d
Tax Notes: VAT refund for non-resident foreign tourists
The Philippines has taken a step to boost tourism and enhance the shopping experience for international visitors through ...
What is a national consumption tax? Here's how it differs from income tax.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...
Dhaka Tribune5d
NBR to expand income tax coverage after VAT hike
After the government decided to increase Value Added Tax (VAT) last week, the National Board of Revenue (NBR) has announced ...
BusinessMirror13h
BIR exempts securities, assets transfer from tax
THE Bureau of Internal Revenue (BIR) has ruled to exempt from taxation the transfer of assets and the issuance and transfer of securities.  Signed by Finance Secretary Ralph G. Recto, Revenue ...
UK to tax private schools in $1.9 B boost to public education
The U.K. will end a tax exemption for private schools Wednesday, the center-left Labour government has announced, in a move ...
Bloomberg L.P.9d
Indonesia Waters Down Planned VAT Hike In Last-Minute Move
Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating public outcry. The VAT rate will be increased to 12% ...
Dawn11d
UK to tax private schools to raise $1.9 billion
Despite warnings from private schools, the govt is ploughing ahead and will charge 20pc VAT on independent school fees.