The Assistant Commissioner initially upheld the denial of ITC, arguing that since the selling dealer did not remit the collected tax, the purchasing dealer could not claim the credit. However, the ...
Nigeria’s Value Added Tax (VAT) revenue reached a record N1.78 trillion in the third quarter of 2024, recording a 14.16% growth.
On the executive order, we’re still waiting for the implementation. Now, without implementation, the executive order is still ...
The new 12 percent VAT rate, set to take effect on January 1, will apply exclusively to luxury goods and services, Dasco ...
TEMPO.CO, Jakarta - The Finance Ministry said that the list of luxury goods subjected to a 12 percent value-added tax (VAT) ...
Nigeria seeks to improve its tax system which led to the introduction of the tax reforms bill, however, this has been a rough ...
Indonesian President Prabowo Subianto has agreed to raise value-added tax by one percentage point to 12% next year, but only ...
Thailand’s Prime Minister Paetongtarn Shinawatra ruled out any immediate move to increase the value-added tax after a ...
Putin asserts that Bitcoin regulation is impossible, emphasizing the inevitable evolution of digital currencies at the Russia ...
Finance minister reckons increasing VAT from current 7% rate will boost revenue and address the income inequality problem ...
Corporate Income Tax: The government is considering reducing the corporate income-tax rate from 20% to 15%, aligning with the ...