Gov. Lou Leon Guerrero on Wednesday said reducing the business privilege tax from 5% to 4% does not lower the costs of food, ...

Indirect taxes are effectively a charge, levy or duty that you pay when you purchase certain items or services. You pay ...

The National Board of Revenue has issued several notifications by re-fixing the rates of VAT, Supplementary Duty and Excise ...

The government borrows money by selling financial products called bonds. A bond is a promise to pay money in the future. Most ...

By Dayo DaSilva Nigeria, Africa’s largest economy, is greatly struggling to create a conducive environment for businesses to thrive. Despite government’s efforts to boost economic growth, the ...

One of U.S. President Donald Trump's freshly signed executive orders puts the Liberal government's digital services tax into the sights of America's Commerce, Treasury and Trade departments, ...

U.S. GDP growth has averaged 2.5% since 2016, appreciably better than during the Bush-Obama years, thanks to Trump's tax cuts, former President Joe Biden's infrastructure and industrial policies, and ...

• Establish the Department of Government Efficiency under the Executive Office of the President until July 4, 2026. This is ...

The threshold injects unnecessary complexity into sales tax compliance, which is felt most acutely by small businesses.

Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of ...

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, ...

DHAKA, Jan 22, 2025 (BSS) - The National Board of Revenue (NBR) has reduced Value Added Tax (VAT) on several goods and ...