U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT - including ...
THE PHILIPPINES can boost its revenue collections by expanding its value-added tax (VAT) base and improving tax administration, the World Bank said.
Malaysia, North Korea, Somalia, South Sudan and Yemen, with what are known as single-stage sales taxes, which are just imposed once and generally paid by end consumers. VAT - as the name implies ...