A historic church at the heart of Britain’s slavery abolition movement is facing a financial crisis after the Government launched an unexpected tax raid.

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, ...