China has cut value-added tax (VAT) to 3% on imports, production and sales of the second batch of anti-cancer and rare diseases drugs in a bid to lower costs for patients and boost its pharmaceutical ...

Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom , to a list of internet-based businesses that must pay a 10% value-added tax on sales ...

Portugal plans to extend a value-added tax rate of zero for a basket of essential food products until the end of the year as it tries to ease the cost of living crisis, the government said in a ...

An economic think tank analysed the economic impact of raising income tax, corporation tax and value added tax (VAT).

It comes after figures showed borrowing had hit record highs, excluding the Covid pandemic years, overshooting official ...

The Russian Ministry of Finance has proposed a bill that would raise the value-added tax (VAT) rate from 20% to 22%. Source: Kremlin-aligned Russian news agency Interfax, citing a press release from ...