Whether it would be “convenient or useful or expedient” to allow the finance minister to adjust the VAT rate is irrelevant when such a power is unconstitutional, the Western Cape High Court heard on ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Lea Uradu, J.D., is a Maryland state ...

A law to back states’ battle to collect Value Added Taxes, VAT, their right to mine and control their resources, is underway in the House of Representatives. Several states of the federation, are ...

Add the Vertex tax engine to your ERP, e-commerce, procurement, and billing systems globally to improve accuracy and ensure centralised control over VAT determination. Add the Vertex tax engine to ...

The move comes amid a falling birth rate and demographic crisis, but experts say higher prices are unlikely to encourage ...

Potential fraud such as the “missing trader” scheme, identify-theft tax evasion or claiming input VAT for non-qualifying expenses are probed. To address economic pressures, the government is ...