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 ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...

The Trump administration is considering currency manipulation as a potential trade bargaining chip as well as tariffs, the US ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...