Here's how value-added tax works, what it is and how you can get a VAT refund if you shop while traveling. Many, or all, of the products featured on this page are from our advertising partners who ...

Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this mean for basic goods?

South Africa don reverse dia controversial proposed value added tax increase just days bifor e suppose take effect. Dis VAT increase wey South Africa Finance Minister Enoch Godongwana announce for ...

Picture: GCIS JOHANNESBURG - Finance Minister Enoch Godongwana has announced he will be reversing the decision to increase value-added tax (VAT). This was confirmed in an overnight media statement ...