Italy has handed tax demands to Meta , X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could ...

Rachel Reeves is spending hundreds of thousands of pounds in legal fees defending her controversial VAT on school fees policy, as an 'unprecedented legal challenge' looms. Parents opposed to the ...

The House of Representatives has approved a new Value Added Tax, VAT, sharing formula, allocating 55 percent to states and 35 percent to local government councils. This decision follows the ...

Formula 1 chief Stefano Domenicali has revealed he will visit Bangkok next week for talks over adding a race in Thailand's capital city to the sport's calendar. The majority of F1's 24-race ...

Local governments will receive 35% of VAT revenue under a similar formula. Additionally, the timeline for issuing Taxpayer Identification Numbers has been extended from two to five working days to ...

Section 146 of the Nigeria Tax Bill had proposed a phased increment of the Value-Added Tax (VAT) from the current 7.5 percent, first to 12.5% in 2026, and finally to 15% by 2030. The lawmakers changed ...

Increment in VAT: Value Added Tax (VAT ... will be renamed to the Nigeria Revenue Service (NRS). •Revenue Sharing Formula: A new revenue sharing formula will allocate 10% to the federal ...

In an exclusive interview with NDTV, two-time World Cup winner Brad Hogg backed India but also said that contradictory statement from Mohammed Shami gave rise to the criticism. "You are playing at ...

South Africa’s cabinet will back a value-added tax (VAT) increase in exchange for a commitment from the National Treasury to review spending and fast-track economic growth, according to people ...

VAT is one of the key revenue sources and is shared among the three tiers of government via FAAC. PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!

Australian Formula One drivers Oscar Piastri and Jack ... The appearance of Piastri and Doohan at the fan site offers fans an exclusive opportunity to hear from the drivers ahead of the season ...

The amount of VAT imposed on private schools should be based on turnover, to prevent smaller schools getting “caught in this trap”, a Labour MP has said. Rupa Huq raised concerns the Government’s ...