A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Uduaghan, the senator representing Kogi Central, has said that Northern Nigeria’s apprehension over the Tax Reform ...

Nigerian governors have endorsed a revised VAT formula that allocates 50% equality, 30% derivation, and 20% population, ...

FARMERS have expressed dismay over the government’s refusal to scrap value-added tax (VAT) on solar installations, citing its ...

In recent years, demands by the IMF have chipped away at its coveted status—first through the loss of GST-exempt status, then ...

As we head into 2025, we are now in the last full calendar year before Making Tax Digital for income tax (MTD) becomes a ...

3. Widen the next of existing taxes Reeves may also be tempted to broaden the scope of existing levies like VAT. This is already a strategy she has turned to with the move to charge VAT on private ...

Working on strategy to push growth of exports in goods, services: Piyush Goyal PHDCCI seeks PLI scheme expansion; MSME support, tax reforms in Union Budget India Budget 2025: The upcoming budget is ...

including reducing corporate taxes to 19% and pegging Value Added Tax (VAT) at 7.5%. This is contained in a statement signed by the association’s National President, Dele Kelvin Oye. The current Tax ...

The government's recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it ...

From February 18, 2025, Vietnam will end import duty and VAT exemptions for goods valued under 1 million VND ($40) sent via express delivery, under a new government directive. Imported goods valued ...