Trump’s memorandum identifies value-added taxes (VATs) as a potential trade irritant that could justify reciprocal tariffs. The VAT, common in the European Union, is a type of consumption tax that is ...
EDMONTON – Alberta Premier Danielle Smith says she asked all of her ministers for their recommendations after a report ...
The Invoice Managing System (IMS) in GST offers several benefits to businesses, the tax system, and the government by ensuring better transparency, accuracy, and compliance. Here are the main ...
For Hybrid Businesses (e.g., Sweet Shops with Restaurants): Separate invoicing and classification are necessary to ensure compliance. Restaurant sales should be billed under SAC 996331 at 5% GST, ...