President Trump said Saturday the U.S. will treat value added tax (VAT) systems the same as tariffs, for purposes of helping to calculate the reciprocal levies on other countries he ordered earlier ...

By Ibrahim Asare Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In ...

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match. “We will consider ...

A national task force on tax reforms has recommended that the government introduce a single rate of value-added tax (VAT), doing away with multiple rates of the indirect tax paid by final consumers.

Bangladesh’s tax system requires comprehensive and structural reforms rather than incremental or purely administrative ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...