Finance Minister, Dr. Mwigulu Nchemba proposed amendment to the law in order to enforce a VAT exemption on sale and lease of air charters. Tanzania’s aviation sector has breathed a sigh of relief, ...
When we talk of CREATE MORE (Republic Act No. 12066), we usually refer to the amendments made on the tax incentive rules. But aside from those changes, there are a few provisions of the National ...
Exporters in Bangladesh are eligible for value-added tax (VAT) exemptions on local purchases of goods and services, but in practice, complications at the field level have often caused additional costs ...
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PEZA firms not fully VAT-exempt
THE Supreme Court has ruled that companies registered with the Philippine Economic Zone Authority (PEZA) are not fully exempt from value-added tax (VAT), particularly with regard to goods and services ...
Indonesia extends VAT incentive on property purchases through 2027 to boost housing demand and give certainty to developers.
Easing the financial strains on citizens was one of the many objectives laid out in President Ramaphosa’s opening of parliament address (OPA. Energy, investment, healthcare and employment were also on ...
In recent years there has been a significant rise in fintech businesses; businesses who use technology solutions to help deliver financial service products. Experience has shown that these businesses ...
Unlike the VAT cut on new apartments, which will end in 2030, the controversial VAT reduction for food service businesses and ...
Radiographers want bras to be exempt from VAT given that they are a basic necessity for many people. The healthcare professionals who carry out X-rays, MRIs, and CT scans say that a tax on bras could ...
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