While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Value-added taxes are common in Europe; President Trump calls them unfair.

Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...

Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how ...

The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, ...

A council is being forced to spend more than £8,000 a year for a schoolgirl’s taxis after she was forced out of her private ...

The tough economy has been compounded by lower personal and household incomes due to increased pay slip deductions.

Commission President Ursula von der Leyen said unjustified tariffs would prompt "proportionate and decisive countermeasures", ...