VAT & GST

South Korea operates a single standard value-added tax (VAT) rate of 10%, distinguishing it from most VAT jurisdictions that apply…

A proposed change in the Finance Bill that seeks to move pharmaceuticals from zero-rated to VAT-exempt status has triggered a…

In a dramatic shift aimed at reclaiming housing for residents, Spain has launched a sweeping crackdown on overtourism and foreign…

Nearly two years after Ghana implemented sweeping tax reforms, businesses, and financial professionals are still adjusting to the operational and…

11% GST applies to nonresident B2B and B2C digital transactions exceeding IDR 600 million Indonesia is ramping up enforcement of…

President Luiz Inácio Lula da Silva has formally signed a historic overhaul of Brazil’s notoriously complex tax system, cementing a…

Japan may soon close the door on one of its most popular perks for international travelers: tax-free shopping. A group…

The UK’s independent school sector is experiencing significant financial pressures due to the introduction of a 20% Value Added Tax…

As part of the ongoing “Tax Culture” initiative in Muscat Governorate, the Tax Authority of Oman, in partnership with the…

Japan’s longstanding duty-free shopping system for foreign tourists is under increasing scrutiny as lawmakers and experts raise concerns over large-scale…