The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and ...

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete ...

South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed ...

The Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Plan Implementation, and Economic Development to publish the draft bills  of ...

The White House plan to place tariffs on countries with a domestic consumption tax means Australia’s GST could be in the ...