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

Put simply, a tariff is a tax placed on the cost of importing or exporting goods by a certain country. A 60% tariff on Chinese imports would therefore be a 60% tax on the cost to import, say, computer ...

AMIDST the chatter on the goods and services tax (GST) making a comeback, the Finance Ministry has indicated that it is unlikely to be announced in Budget 2023 tomorrow. This is despite the ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

Donald Trump's threat to hit trading partners with ‘reciprocal’ tariffs could hit Australian jobs and economic output hard if ...