According to tax experts, the amendment of the Value Added Tax (VAT) Act in the Finance Bill 2025 could increase the consumer ...

A previous IMF Working Paper on value-added tax (VAT) refunds (WP/07/31, by Keen and Smith) describes the main forms of VAT noncompliance and concludes that VAT is susceptible to evasion and fraud ...

Even though Finance Minister Pichai Chunhavajira has decided not to impose the value-added tax (VAT) on businesses earning less than 1.8 million baht annually to increase state revenue and reduce the ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...

Nigerian senators on Wednesday backed four tax bills that are part of President Bola Tinubu’s efforts to lift government ...

Indonesia's underperforming VAT system should bring the informal sector into the tax framework, closing loopholes that cost ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...