Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain ...

The Inland Revenue Department (IRD) yesterday announced that it has achieved the highest-ever tax revenue in 2024, collecting ...

BEIJING, Dec 25 (Reuters) - China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official ...

The Bauchi State Chamber of Commerce, Industry, Mines and Agriculture, has said it rejected the Tax Reform Bill before the ...

China approved a value-added tax law today to take effect on January 1, 2026, the official Xinhua said, bringing into one ...

In 2025, a key government policy to monitor is tax reform initiatives recently floated by Finance Minister Pichai ...

Muscat: Income Tax will be applied to those with an annual income of RO 30,000 and above (monthly income of RO2,500) and will ...

Sri Lanka recorded its highest-ever tax revenue in history, collecting a total of Rs. 1.95 trillion in 2024, the Inland ...

Policymakers and tax authorities will focus on ensuring a smooth transition to the new legal framework, preserving the stability of tax policies and compliance processes. DOING BUSINESS IN CHINA ...

VAT, which constitutes the largest tax category in China, accounted for approximately 38% of national tax revenue in 2023 ...

BEIJING, Dec 25 (Reuters) - China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official Xinhua said, bringing into one document previous regulations that have ...

Chinese lawmakers on Wednesday voted to adopt a law on value-added tax, a major progress in enforcing the principle of ...