INTRODUCTION The Goods and Services Tax (GST), implemented in India in 2017, represents one of the country’s most transformative fiscal reforms since ...

China's Draft VAT Implementation Regulations clarify rules for FIEs, improving tax certainty, cash flow, and cross-border compliance.

The Government of Ghana (the ‘’Government’’), acting through the Minister for Finance, presented the Mid-Year Fiscal Policy Review of the 2025 Budget Statement and Economic Policy for 2025 financial ...

A significant number of schools have been registered for Vat and claiming their input tax on capital expansions for more than a decade, if not longer.

The final Value Added Tax (VAT) rate that will be paid by businesses is expected to be reduced from 22% to 20 % from 2026.

This position has attracted sharp criticism from tax practitioners and the private sector, with the Institute of Certified Public Accountants (ICPAK) writing to the KRA in protest over the stance.

New proposal will force them to deregister, resulting in potentially huge Vat liabilities.

On August 12, China released a draft version of regulations to implement the new value-added tax (VAT) law and opened a public consultation period. The draft of the implementation regulations for ...

In the pre-GST era (VAT), there were no uniform tax rates, and states imposed additional levies like entry tax, undermining ...