The big tax Americans don't pay — and what we give up in exchange
Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.
The Punch Newspapers22d
Govs propose new VAT sharing formula, okay tax bills
He pointed out that the main intent of VAT as a consumption tax is not to deprive any state but rather to reflect consumption patterns. “A state where consumption is higher will have more.
Bureau of Investigative Journalism8d
Abramovich evaded millions in VAT with fake yacht hire scheme
It meant Abramovich was essentially the yacht owner, the service provider and the customer. He was thereby falsely claiming a ...
Arise7d
Oyedele: Tinubu’s Tax Reforms to Ease Inflation, Cut Household Costs
The proposed tax reform bills by the Bola Tinubu administration will help curb inflation by lowering costs for most ...
China Internet Information Center2d
VAT invoice data reflects robust Spring Festival holiday consumption
China's State Taxation Administration released value-added tax (VAT) invoice data on Wednesday, revealing strong consumer spending during the Spring Festival holiday. The eight-day holiday, which ...