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. Running a business is hard enough without chasing unpaid invoices ...
Your author is displeased with the state of global affairs, but I’m not here to discuss the concerns you might imagine. There are troubles in the Middle East and Eastern Europe, not to mention discord ...
Opinion
The Manila Times on MSNOpinion

Households, the economy and VAT

FOR nearly two decades, Filipinos have lived under the weight of the 12-percent value-added tax (VAT), once 10 percent, under Republic Act 9337, or the Expanded Value Added Tax Law. The increase was ...
WIESBADEN, Germany - Many Americans are used to doing a little mental math in the grocery or retail store and adding a percentage onto the advertised price because of sales tax. In Germany, a 19% ...
“Iknow the path that must be chosen, but this is bigger than before.” This lyric from Moana 2’s original soundtrack “Beyond” perfectly captures Moana’s realization that her journey is more significant ...
RENEWABLE energy (RE) is essential to strengthening energy security and reducing emissions from conventional energy sources. Recognizing its importance, Congress passed Republic Act (RA) 9513, or the ...
What comes to mind when we talk about excess, unutilized input value-added tax (VAT) that can be allowed as deduction to gross income for tax purposes are the following: input VAT from VAT exempt ...
The government has been pushing to attract more investors for the Philippines to become more competitive with other ASEAN countries. Recent tax laws are trying to keep up with the digital world, where ...
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 ...