The government's recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it ...

Following the government's decision to increase the value-added tax (VAT) late last week, the National Board of Revenue (NBR) announced efforts to expand income tax coverage. A press release from the ...

Indonesia has diluted a planned hike in the country’s value added tax (VAT) due to growing public discontent, just hours before the increase came into effect. Under tax legislation passed in 202 ...

(Fabio Principe/Shutterstock) Foreign e-commerce companies such as Amazon and Temu will now have to pay Mexico’s 16% value-added tax (IVA) on products they export to and sell in Mexico.