News

Service industry staff do not need to pay VAT on tips, Tax Authority confirms
The Tax Authority had initially decided to begin enforcing VAT on tips from June 1, 2025, onwards, but this decision was ...
SunStar9h
VAT on digital services draws mixed reactions
THE impending implementation of a 12 percent Value Added Tax (VAT) on foreign digital service providers in the Philippines ...
Nairametrics25m
Senate passes two tax reform bills to modernize Nigeria’s fiscal framework, retains VAT at 7.5%
The Nigerian Senate has approved two out of four major tax reform bills proposed by President Bola Tinubu, marking a ...
Daily Post Nigeria on MSN3h
Nigerian Senate rejects VAT increase, passes two tax reform bills
The Nigerian Senate, on Wednesday, passed two of President Bola Tinubu’s four tax reform bills. The two bills approved are ...
Nigeria Senators Approve Tinubu’s Tax Bills But Without Vat Hike
Nigerian senators on Wednesday backed four tax bills that are part of President Bola Tinubu’s efforts to lift government ...
East Asia Forum21h
Closing the loopholes in Indonesia’s VAT system
Indonesia's underperforming VAT system should bring the informal sector into the tax framework, closing loopholes that cost ...
Business Day7d
VAT increase outweighed by massive incentives in proposed tax reforms – CITN President
Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
Interfax11h
Russia's VAT, profit and personal income tax revenues exceed targets in Jan-April - Siluanov
MOSCOW. May 7 (Interfax) - The Russian federal budget's revenues from the value-added tax, corporate profit tax and personal income tax in the first four months of 2025 exceeded targets for this ...