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 2018-01-17 11:52 

Uganda Radio Network

Local Govts Sue URA over VAT Remittances...

Led by Jude Mbabaali, the Masaka LCV Chairman and Muhammad Kateregga of Bukomansimbi district, the local leaders are accusing Uganda Revenue Authority of failing to remit the Value Added Tax contributions to local governments across the country....

 2018-01-17 11:17 

Reuters

[ UK ]

EU expected to give states more leeway to cut sales tax rates...

European Union states will get more leeway to set lower sales tax rates or even scrap them on some goods, under a draft law seen by Reuters that would reform the EU's centralised rate-setting mechanism for value-added tax (VAT)....

 2018-01-17 09:00 

Viet Nam News

Ministry backs down on VAT...

Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.nbsp;...

 2018-01-17 07:17 

Reuters

[ UK ]

BRIEF-Adese Alisveris Purchase Land Property At 43.9 Mln Lira Plus VAT...

ADESE ALISVERIS:...

 2018-01-17 07:17 

Reuters

BRIEF-Adese Alisveris Purchase Land Property At 43.9 Mln Lira Plus VAT...

ADESE ALISVERIS:...

 2018-01-16 19:11 

Times of Israel

Police arrest 29 accused of massive billion shekel fraud...

Suspects allegedly issued fictitious receipts for construction work, and claimed back the VAT from the governmentSuspects allegedly issued fictitious receipts for construction work, and claimed back the VAT from the government...

 2018-01-16 14:54 

ANSA

20 nabbed for fake car accidents...

Italian police on Tuesday arrested 22 people suspected of filing fake reports of car accidents tofraudulently obtain compensations from insurance companies. As well as insurance fraud, they areaccused of corruption and dodging VAT. ANSA...

 2018-01-15 08:11 

Reuters

BRIEF-Is Gayrimenkul Yatirim Ortakligi Gets Sales Worth 310 Mln Lira Excluding VAT In 2017...

IS GAYRIMENKUL YATIRIM ORTAKLIGI AS:...

 2018-01-15 08:11 

Reuters

[ UK ]

BRIEF-Is Gayrimenkul Yatirim Ortakligi Gets Sales Worth 310 Mln Lira Excluding VAT In 2017...

IS GAYRIMENKUL YATIRIM ORTAKLIGI AS :...

 2018-01-15 06:11 

Reuters

BRIEF-VAT Group: Partners Group funds no longer to hold any VAT shares...

VAT GROUP AG:...

 2018-01-15 05:02 

The Daily Star

[ Lebanon ]

Tax increase hasn't raised prices: economy minister...

Economy Minister Raed Khoury said over the weekend that prices in Lebanon had not increased after a VAT tax hike went into effect at the beginning of the year....

 2018-01-15 00:01 

The Times

Late payers leave firms with 4bn tax overdue...

Businesses owe the taxman 4.4 billion in overdue corporation tax and VAT, the latest sign that some are struggling to cope with rising operating costs and customers paying late. Corporation tax......

 2018-01-14 00:01 

The Times

Corporation tax shock fear for economy...

A shock to Irelands corporation tax base could affect income tax, VAT and excise duties in a manner similar to the 2008 property crash, the Department of Finance has warned. The capacity of the......

 2018-01-13 21:29 

The Daily Star

[ Lebanon ]

Tax increase hasn't raised prices: economy minister...

Economy Minister Raed Khoury said Saturday that prices in Lebanon had not increased after a VAT tax hike went into effect at the beginning of the year....

 2018-01-12 21:55 

TASS

E-commerce in Russia should be regulated by both VAT and duties - Deputy Prime Minister...

It is necessary to very carefully, gradually reduce the duty-free trade threshold and prepare, first of all information systems, to the introduction of VAT, Dvorkovich said...

 2018-01-12 15:18 

Business Live

SA needs R12bn to fund fee-free education, Gigaba tells ANC NEC...

Finance Minister Malusi Gigaba says the Treasury will cut from existing spending programmes and will not announce a special tax or an increase in the VAT rate...

 2018-01-12 07:48 

New Indian Express

[ Telangana ]

Telangana government issues notices to 7,000 VAT defaulters...

Cracking the whip on traders for not paying the Value Added Tax (VAT), the Commercial Taxes department on Thursday served notices on around 7,000 defaulters across the state....

 2018-01-12 06:42 

Inquirer.net

[ Philippines ]

BIR defers from clarifying fate of Peza-related tax perk...

The Bureau of Internal Revenue (BIR) could not yet issue a clear answer whether or not Philippine Economic Zone Authority (Peza) would be able to keep its zero-rated VAT purchases of local goods and services, noting that the government is yet to have a &#...

 2018-01-12 06:06 

Shanghai Daily

Small local companies targeted in VAT scam - SHINE...

Over 600 small companies in Shanghai fall victims to three gangs which allegedly applied for blank V...

 2018-01-12 01:45 

New Indian Express

[ Telangana ]

TS govt issues notices to 7,000 VAT defaulters...

Cracking the whip on traders for not paying the Value Added Tax (VAT), the Commercial Taxes department on Thursday served notices on around 7,000 defaulters across the state....

 2018-01-11 12:00 

The Times

We need a post-Brexit VAT plan — and quickly...

As the clock ticks ever louder towards the date of the UKs exit from the EU next March, the consequences for taxation liabilities and cash flow for businesses have come to the fore. The British......

 2018-01-11 11:21 

Estonian Public Broadcasting

Prosecutor's office demands 10 million fine for Tartu Mill...

The South district prosecutor's office wants the Tartu county court to mete out a pecuniary punishment of 10 million to grain processing company AS Tartu Mill for VAT fraud. The court is expected to announce a decision at the beginning of February....

 2018-01-11 00:01 

The Times

VAT derogation proportionate to combat tax avoidance...

Court of Justice of the European UnionPublished January 11, 2018Avon Cosmetics Ltd v Revenue and Customs Commissioners (Case C-305/16)Before L Bay Larsen, President of the Chamber and Judges J......

 2018-01-10 23:31 

The Times of India

GST base is set to cross one crore mark...

Taxpayers for goods and services are set to scale the one-crore mark, marking a 25% jump in the number of taxpayers who were registered for payment of excise duty, VAT and service tax. "We will have one crore taxpayers in a day or two," said a gov...

 2018-01-10 10:34 

Hindustan Times

Uttar Pradesh reduces VAT on CNG from 21 to 5 percent...

The state cabinet on Tuesday decided to bring down value added tax levied on compressed natural gas from 10 percent to five percent to make it rates at par with that of Delhis....

 2018-01-09 22:37 

Bahrain Mirror

2017: VAT and Additional Fees Added to Burdens of Bahrainis...

Complementing the austerity policy and the lifting of subsidies on basic goods and services, the government has approved the value added tax (VAT) in a Gulf agreement to add more burdens on the shoulders of Bahrainis....

 2018-01-09 13:07 

The Guardian

Brexit: government urged to stop cost of VAT rule change hitting UK firms...

Treasury committee chair Nicky Morgan demands clarification on how British businesses can avoid paying VAT upfront when they import goods post-Brexit...

 2018-01-09 13:00 

Express

'Reality of Brexit bite is clear': 130,000 UK firms face upfront VAT post-Brexit...

MORE than 130,000 UK companies may be forced to hand over VAT upfront in cash to the taxman on all goods imported from the European Union after Brexit. ...

 2018-01-09 12:40 

Business Insider

MPs say Brexit could lead to huge upfront VAT bills on EU goods and increase border delays...

The British Retail Consortium says the changes could lead to border delays and cashflow burdens for UK firms....

 2018-01-08 17:00 

Business Report (IOL)

Saudi authorities lessen VAT burden for citizens...

Saudi authorities said they would spend billions of riyals to help citizens offset the impact of VAT and a surge in gasoline and utility prices....

 2018-01-08 15:53 

Reuters

BRIEF-Tesco Kipa Divests Cerkezkoy Shopping Mall At 44.1 Mln Lira Plus VAT...

TESCO KIPA:...

 2018-01-08 15:53 

Reuters

[ UK ]

BRIEF-Tesco Kipa Divests Cerkezkoy Shopping Mall At 44.1 Mln Lira Plus VAT...

TESCO KIPA:...

 2018-01-08 12:33 

The Independent

VAT snafu once again highlights Government's Brexit negligence...

Bureaucratic headaches and VAT go together like the tea and sympathy most of the finance people having to deal with the levy feel probably they need after a hard week at it. I imagine quite a few might have, at first, simply shrugged wearily and sighed pl...

 2018-01-08 12:14 

Bahrain Mirror

Saudi King Orders New Allowances to Offset Rising Cost of Living...

Saudi Arabias King Salman on Saturday ordered a monthly payment of 1,000 riyals ($267) to state employees over the next year in compensation for rising cost of living after the government hiked domestic gas prices and introduced value-added tax (VAT)....

 2018-01-08 10:00 

Irish Independent

What are the pros and cons of registering for VAT...

No farmer or farming company is obliged to register for VAT but some do and many wonder if they should. Every farmer incurs quite a substantial annual VAT cost on farm inputs and servic...

 2018-01-08 08:38 

Reuters

China adjusts import tariffs, VAT for some tech equipment...

China's finance ministry said on Monday it has adjusted import tariffs and value-added tax (VAT) for imports for some technological equipment from Jan 1....

 2018-01-08 08:37 

Reuters

China adjusts import tariffs, VAT for some tech equipment...
 2018-01-08 00:01 

The Times

Firms face cash VAT demand on European goods after Brexit...

Companies may be forced to pay VAT upfront in cash to the taxman after Brexit, it was revealed yesterday. Nicky Morgan, chairwoman of the Treasury select committee, is writing to HMRC seeking......

 2018-01-07 16:32 

The Independent

Brexit: Companies to be charged VAT upfront on goods from Europe in major blow to businesses...

More than 100,000 UK companies will be forced to pay VAT upfront after Brexit, under controversial government plans being debated by Parliament this week. Changes outlined in one of the many Brexit-related bills would force companies to pay the levy on go...

 2018-01-07 15:00 

New Indian Express

[ World ]

Saudi Arabia royal handouts, issued to soften blow of austerity measures, will cost about USD 13 billion...

On Saturday, King Salman ordered a monthly payment of 1,000 riyals to state employees over the year in compensation for the rising cost of living after Riyadh hiked gasoline prices and brought VAT....

 2018-01-07 12:29 

FARS News Agency

Unrest Builds Up as Saudis Vent Rage at Government Price Hikes...

TEHRAN (FNA)- Saudi Arabians took to the social networking services, venting their anger at the government for hiking domestic gas prices and introducing value-added tax (VAT)....

 2018-01-07 09:24 

Press TV

Unrest builds up as Saudis vent rage at government price hikes...

According to various media outlets, the kingdom almost doubled gasoline prices and introduced a five-percent VAT on most goods and services on Monday....

 2018-01-07 07:34 

Sputnik International

Brexit Tax May-hem: UK Firms Could Be Obliged to Pay Upfront for VAT on EU Goods...

Just days after the relative tranquility of Britain's Christmas holiday season, a hotly contested legislative measure is pitting the two opposing Brexit camps against one another....

 2018-01-07 06:38 

Emirates 24|7

Public warned of VAT misinformation...

The Federal Tax Authority (FTA) has called on UAE citizens and residents to be ...

 2018-01-07 00:01 

The Times

Import costs 'to soar after Brexit'...

Retailers are warning that new VAT arrangements after Brexit could drastically increase the cost of importing goods from the EU. Under a Commons bill to be debated tomorrow, a reported 130,000......

 2018-01-06 21:00 

The Guardian

UK companies will face huge new VAT burden after Brexit...

Controversial changes in bill would force importers to pay duty upfront on EU goods...

 2018-01-06 20:24 

The Daily Mirror

Eleven Saudi princes arrested after staging sit in protest over having to pay their water and electricity bills...

Saudi Arabia has introduced new reforms to cut subsidies and perks to the royal family, as well as introducing VAT, to help cope with a huge budget deficit caused by plummeting oil prices ...

 2018-01-06 15:06 

The Daily Star

[ Lebanon ]

Saudi king orders new allowances to offset rising costs...

Saudi Arabia's King Salman on Saturday ordered a monthly payment of 1,000 riyals ($267) to state employees over the next year in compensation for rising cost of living after the government hiked domestic gas prices and introduced value-added tax (VAT)...

 2018-01-06 10:16 

JPost.com

Eleven Saudi princes detained following rare Riyadh protest...

Saudi Arabia, the world's top oil exporter, has introduced reforms that included cutting subsidies, introducing value added tax (VAT) and cutting perks to royal family members....

 2018-01-06 10:04 

Business Standard

Saudi King orders inflation allowance to ease cost of living after new VAT...

The King ordered an annual bonus for civil and military personnel for the current fiscal year to be paid effective from January 1, 2018...

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