The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...
Added Tax (VAT) for Registered Business Enterprises (RBEs) has undergone a significant recalibration. With the issuance of Revenue Regulations (RR) No. 1-2026, the Bureau of Internal Revenue (BIR) has ...
A year after 2025’s Budget bungle over a proposed increase in value-added tax, the DA has scored a court victory that will curtail the power of the minister of finance.
Your author is displeased with the state of global affairs, but I’m not here to discuss the concerns you might imagine. There are troubles in the Middle East and Eastern Europe, not to mention discord ...
In any type of transaction, it is usual for two parties to enter into a debtor/creditor relationship and use the legal concept of compensation as a method of payment for their respective debts, making ...
Could the Government try to offset the impact of its new tax on electric vehicles with a VAT cut for public charging?
The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...
The National Bureau of Statistics (NBS) says value-added tax (VAT) stood at N2.28 trillion in the third quarter (Q3) of 2025.
While taxpayers dodge a hefty VAT increase, higher fuel levies and excise duties mean consumers could still feel the pinch.
A UK tax tribunal has ruled that the reduced 5% domestic VAT rate can apply to electricity supplied for charging electric vehicles on the public network ...
Value Added Tax (VAT) remained a key revenue driver for Nigeria in January 2026, with collections rising sharply ...