ABUJA – Nigeria’s Value Added Tax (VAT) collections rose to N2.28 trillion in the third quarter of 2025, representing a 10.66 per cent increase compared to the N2.06 trillion recorded in the second ...

KRA has rolled out a WhatsApp chatbot that lets traders generate eTIMS invoices and file returns directly from their phones.

BEIJING -- China will lower the value-added tax (VAT) levy rate from 5 percent to 3 percent for individuals selling housing purchased less than two years ago, effective Jan 1, 2026, according to an ...

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax rules on local sales for registered business enterprises, amending previous ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Credit sales appear on a firm's balance sheet as ...

Indirect taxes are a vital but often confusing part of buying and selling things. Unlike direct taxes, which are deducted from your paycheck, an indirect tax is paid by the customer when they buy a ...

Senator Francis Escudero on Thursday clarified that his proposal to exempt electricity sales from the 12% value-added tax (VAT) is a targeted intervention distinct from calls to revert the expanded ...

Try to shop in waves: Dec. 26–28 for best selection, early January for the deep clearance bargains Chase clearance first: Holiday-only stuff drops in price the fastest; “winter sale” promos can be ...

Ladies and gentlemen, welcome to the VAT Q3 2025 Trading Update Conference Call. I am Sandra, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions ...