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 ...

Value-added taxes are common in Europe; President Trump calls them unfair.

Bukidnon emerged as the top contributor to the country’s P1.8 trillion worth of agriculture, forestry and fishing (AFF) output in 2023, the Philippine Statistics Authority said.