Nigeria's 36 state governments received N551.77 billion from the N1.08 trillion Value Added Tax (VAT) collected in January 2026. This is a 30.4 per cent increase from N423.25 billion in December 2025.

The Western Cape High Court ruled that the Finance Minister cannot change the Value Added Tax rate because the Constitution gives that power only to Parliament. The court gave Parliament 24 months to ...

The recent adoption of a law on value-added tax by China's top legislature marks major progress in the country's tax system reform. China began to pilot VAT collection in selected regions and ...

China's latest reform of the value-added tax system for gold trading is expected to bring greater clarity and order to the market of the precious metal, as regulators aim to distinguish investment ...

Foreign-owned companies in Vietnam face tax risks beyond the 20% CIT rate, requiring careful assessment of transfer pricing, incentives, VAT, and enforcement exposure.

Denis Maksimov's bakery in suburban Moscow became famous overnight after he appeared on President Vladimir Putin's annual ...

The Director of Public Affairs and Consumer Protection at the Nigeria Civil Aviation Authority (NCAA), Michael Achimugu, has ...

The International Monetary Fund's mission chief for Ukraine said on Friday it was essential for Ukrainian authorities to ...

Prime Minister Nawaf Salam has announced hikes on petrol and sales taxes. Analysts say it is a regressive policy.

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...