News

Treasury CS John Mbadi urged MPs to reclassify various items in the Finance Bill 2025, shifting them from the VAT zero-rated ...
The supply of electric bicycles has also been subjected to 16 per cent VAT in the first Finance Bill by Mbadi, who was ...
The National Treasury has chosen to walk away from tax measures that directly impact Kenyans and is instead taking away reliefs that could eventually lead to more expensive consumer goods.
The Court of Tax Appeals (CTA) has denied the petition of Schaeffler Philippines, Inc. for an additional P2.5 million tax ...
Last year’s Finance Bill introduced major taxation measures, but it was later withdrawn after days of protests across the ...
To get the immediate tax refund, a foreign tourist must buy eligible goods at stores displaying "Buy and Refund" signs then ...
Under the policy, foreign visitors can claim VAT rebates directly at departure tax refund stores, enabling them to reuse the ...
They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...
Get expert help with VAT registration, exemptions, and compliance in the Philippines for foreign-owned businesses.
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods ...
One of the matters that taxpayers and investors want to address is the challenging VAT refund process. While we recognize that taxes are the lifeblood of the government, which justifies strict VAT ...