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As an immediate outcome, both France and Italy have introduced national laws re-interpreting the previous VAT application. On January 29th 2020, the French Tax Authorities published an Official Tax ...

The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5%, the ministry of finance said on Tuesday. DUBAI, Nov 10 (Reuters) - The United Arab Emirates has no ...

VAT has been temporarily cut from 20% to 5% for hospitality and tourism businesses, and a number of big chains including McDonald's and Nando's are slashing prices as a result. But businesses don't ...

Saudi Arabian inflation rose to 3.4% in 2020, lifted by the tripling of value-added tax last year as the kingdom sought to boost state revenues hit by the coronavirus crisis and lower oil prices, ...

Much of the commentary on the VAT and Customs Duty implications of Brexit relates to the movement of goods between the U.K. and European Union (EU) and vice versa. It is worth noting that there are ...

Press Release - The DRC's 2020 household survey reveals how VAT shapes everyday life--and fairness. Introduced in 2012, VAT offers stable revenue, yet multiple rates and exemptions mostly benefit ...

The Beninese government has included in the 2020 finance law a measure to exempt the imports of solar panels from the payment of the value added tax (VAT). According to the Off-Grid Clean Energy ...