Investopedia / Julie Bang A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale (POS), which is ...

THE Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) 3-2025, prescribing policies and guidelines for the ...

Gujarat Appellate Authority for Advance Ruling (AAAR) has set aside a previous ruling concerning Shell Energy India P Ltd.’s ...

In Bangladesh, nearly 70 percent of total tax revenue comes from indirect taxes, meaning whether one is a rickshaw puller or ...

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

If Parliament passes the 2025/6 budget, the VAT rate will go from 15% to 15.5% on 1 May this year. This means that the price of all but a few goods and services will go up, and buyers will pay 15.5c ...

This is Money explains what tariffs are, how they work and are implemented and how they could affect the cost of living, ...

The move could raise $2 billion annually at a time when Illinois is facing increased budget pressures, the groups say.

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...

President Donald Trump's tariff plans have been messy and uncertain and have caused widespread market volatility. And a lot ...

After charging Canada and Mexico, President Trump's increased tariffs on the EU have come into effect. Meanwhile, the US administration has issued false claims about the impact of those tariffs. A DW ...