This setup means companies don’t really pay the VAT — they just help collect it. But, shoppers don’t get this offset, so they’re the ones who truly pay the tax. Here’s an example of how ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete ...

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and ...

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The VAT began life in the more developed countries of Europe and Latin America but, over the past 25 years, has been adopted by a vast number of developing and transition countries. A recent IMF study ...

His newly issued memorandum cited value-added taxes, or VATs, among a list of “unfair” taxes the U.S. wants to counteract. Targeting VATs as a reason for tariffs threatens to open a new trade ...

Both existing tariffs and taxes like the value-added tax (VAT) applied by other countries on U.S. goods will be considered. Experts warn this could escalate into trade wars, affecting everything ...

Admission fees to a national park are another example of direct taxation. Some indirect taxes are also referred to as consumption taxes, such as a value-added tax (VAT). Indirect taxes are ...

a value-added tax is collected as the product moves through the supply chain. To borrow an example from The Wall Street Journal, say a German bike maker buys steel and aluminum for €50 and sells ...