The European Union's "VAT in the Digital Age" (ViDA) reform package, approved by the ECOFIN Council on November 5, 2024, is set to bring major updates to the EU VAT system. For businesses outside the ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

Fresh research has identified a gaping £1.6bn hole in Britain’s VAT collection structure for digital sales, a loophole which (if plugged) could have financed the Olympic Games. Greenwich Consulting ...

MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the ...

Explore how the newly introduced 7.5% VAT impacts mobile transfers, USSD, and POS transactions as Nigerians react to rising ...