Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. As 2024 draws to a close, it is essential to review the key VAT ...

The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. Oct 29, 2024, 03:41pm EDT Close-up view of a keyboard with 2025 ...

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 ...

The Federal Government earned a total of N8.61tn from Value Added Tax in 2025, representing a sharp rise from the N6.72tn collected in 2024, according to official data from the Nigeria Revenue Service ...

On 16 April 2021, Oman introduced VAT at a standard rate of 5 per cent. Oman is the fourth GCC country that has now a VAT system, following the UAE, Saudi Arabia and Bahrain. Although all the VAT ...