Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic barriers used by trade partners. His newly issued memorandum cited ...

What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. In today's interconnected world, digital businesses have ...

THE Bureau of Customs (BoC) has clarified that sales to domestic market enterprises will now be treated as local transactions, shifting oversight to the Bureau of Internal Revenue (BIR) for ...