This morning, Finance Minister Nguyen Van Thang, on behalf of the Prime Minister, presented to the National Assembly a draft proposal outlining four key amendments to the Law on Value Added Tax (VAT).
Debate over VAT changes for fertilisers and animal feed has intensified, with lawmakers warning of risks to agriculture and ...
The CREATE MORE law has been in effect for approximately six months, and it has already drawn renewed attention from foreign investors. The incentive framework it introduced has encouraged ...
Beginning January 2024, upon the passage of the Ease of Paying Taxes Act (EOPT Act), all taxpayers are mandated to adopt the accrual basis of accounting in reporting and subjecting their revenues to ...
Its 2014 acquisition of Australian department store David Jones has been labelled a “R20 billion blunder”, but Woolworths Holdings has now at least been vindicated over its value-added tax (VAT) ...
In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced. For businesses engaged in zero-rated sales, the ...