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 ...

2025 has finally rolled in and social media posts about the possible long weekends throughout the year brought about by the declared regular and special non-working holidays are all over the place. Of ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, ...

A DROP in the revenue expected from the energy sector hindered the Government’s ability to pay Value Added Tax (VAT) refunds owed to Small and Medium-Sized Enterprises, Finance Minister Colm ...

The Supreme Court on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with the Commissioner of Internal Revenue ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

The Supreme Court has handed a victory to Doehle Shipmanagement Philippines Corp. in a dispute over unutilized input ...

THE Supreme Court has provided further clarification on the deadlines for filing a claim for Value-Added Tax (VAT) refund ...

The Sri Lanka Retailers’ Association (SLRA) yesterday welcomed President Anura Kumara Dissanayake’s approval of a value-added ...

This article compares China's New VAT Law with current regulations across six aspects to help businesses navigate the ...

The Federal Tax Authority (FTA) announced on Sunday that it has total approved 34,900 applications by UAE nationals for VAT refunds for the expenses they have incurred for the construction of ...