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 ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

Germany's President Frank-Walter Steinmeier said the international community will have to deal with a disregard by the new U.S. administration for established diplomatic rules.