A VAT (Value Added Tax) refund could save you a lot of money when shopping internationally. Here's a step-by-step guide on how and where to claim your money.

Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...

China on Tuesday released the implementing regulations for its law on value-added tax (VAT), detailing operational tax rules ahead of the law's 2026 rollout, which authorities said will help promote ...

Finance Minister Bezalel Smotrich on Tuesday signed an order expanding the value-added tax exemption on personal imports from $75 to $150, arguing that it is necessary to allow cheaper imports to ...

Finance Minister Bezalel Smotrich signed an order today (Tuesday) that raises the VAT exemption limit on purchases from abroad from $75 to $150. The move aims to reduce the cost of living for Israeli ...

The management of Nextar Group has commended the administration of President Bola Ahmed Tinubu for exempting bread and other essential food items from Value Added Tax (VAT) in the tax reform laws and ...

From 1 January, contraceptives will be subject to a 13% VAT rate – part of a carrot-and-stick approach by the government to increase births China is set to impose a value-added tax (VAT) on condoms ...

BUSINESS groups are pushing for the passage of a bill which seeks to exempt electricity sales from Value-Added Tax (VAT), saying this will help increase business confidence, attract investors and grow ...

THE exemption of electricity from value-added tax (VAT) will help ease the burden on consumers and improve Philippine competitiveness, business groups said. “Electricity is a basic and indispensable ...

KUALA LUMPUR, Dec 9 (Bernama) -- The government's move to raise the e-invoice exemption threshold from RM500,000 to RM1 million starting next year is expected to encourage entrepreneurs to become more ...

The government may extend the six-month value-added tax (VAT) exemption on metro rail tickets until June next year, which has gained a lot of popularity since the beginning of its operations.

KUALA LUMPUR, Dec 7 (Bernama) -- The government’s decision to raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning 2026 would ease the compliance costs and administrative ...