Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on those who fail to report the added income.

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 ...

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, ...

A former Conservative party branch treasurer was involved in a £1m VAT fraud and money laundering scheme. Malcolm Macaskill, ...