The Government’s refusal to implement a VAT exemption for self-employed workers with lower income volumes—a measure already implemented in most European Union countries and which was supposed to be ...

Banks across Nigeria have announced that from January 19 they will begin deducting 7.5 per cent value-added tax on selected banking service charges. The development follows regulatory guidance ...

What would it feel like to be a brain in a vat? If you had no body and no world in which to ground yourself, could you be conscious of anything at all? Neuroscientists and philosophers have debated ...

Financial institutions have begun informing customers of a government-backed regulatory change that will require the collection of Value Added Tax (VAT) on selected banking and service fees starting ...

The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has defended the newly implemented tax reforms, insisting that much of the public backlash is driven by political agendas ...

This technical note presents the Reverse Method, a novel indirect approach for estimating the global value-added tax (VAT) compliance gap. The Reverse Method leverages public datasets and a calibrated ...

Brazil’s landmark VAT reform, approved in December 2023, will profoundly alter the way consumption taxes are raised across three levels of government. The dual VAT will replace five overlapping taxes, ...

TEXAS, USA — This week only, Texas residents can apply to public colleges and universities for free. From Oct. 13 through 19, first-year and transfer students won't have to pay a fee when applying to ...

Nigeria’s fragile aviation sector is bracing for turbulence after the Federal Government ended longstanding tax waivers and reinstated Value Added Tax on airline tickets and customs/VAT on aircraft, ...

Passengers setting sail with Norwegian Cruise Line in Spain and Italy in the coming months may want to take a closer look at their onboard purchases. The cruise line has issued a notice reminding ...

The nation's immigration enforcement agency has lifted the age cap that prevented older adults from applying to become deportation agents. U.S. Immigration and Customs Enforcement has been ...