If you own a home, you have paid an ad valorem tax. If you own a car, same thing. In fact, if you've ever bought anything in the United States, you have paid an ad valorem tax. These taxes are based ...

Here's how value-added tax works, what it is and how you can get a VAT refund if you shop while traveling. Many, or all, of the products featured on this page are from our advertising partners who ...

More countries are adopting the VAT, and its contribution to global revenue is rising Two thousand years ago when the emperors of China began building a great wall to defend their domain from fearsome ...

The VAT began life in the more developed countries of Europe and Latin America but, over the past 25 years, has been adopted by a vast number of developing and transition countries. A recent IMF study ...

More than 150 countries have adopted a value-added tax (VAT) as a way to balance their budget. The value-added tax works like a sales tax, but it's applied at every step of the production chain. If a ...

As Andrew Yang takes his place among the top 10 Democratic presidential candidates during a debate in Houston this week, the entrepreneur’s central campaign proposal — and the new tax he wants to use ...