When the price of oil bottomed out in 2015, Gulf Cooperation Council (GCC) countries knew it was time to face the future. It wasn’t as if the commodity that had kept their economies vibrant for so ...
Increases in the standard value added tax rates of several European countries have intensified the need to recover VAT incurred by employees on foreign trips, according to the VAT recovery specialist ...
They say only death and taxes are certain: the folks living in 10 countries with the highest tax rates in the world know all about that. Taxes are the backbone of every country’s social policy, but ...
Gulf nations hop on the VAT bandwagon, promising value-added taxes on goods and services in 2018. In February this year, the Gulf Cooperation Council confirmed that its six member countries—Bahrain, ...
Saudi Arabia compounded the New Year blow for motorists with an unannounced hike of up to 127 percent in petrol prices with immediate effect from midnight. They are the latest in a series of measures ...
WASHINGTON, Oct 22 (Reuters) - Cash-strapped countries are increasingly imposing indirect taxes, such as value-added taxes, as governments hunt for new revenue sources, a survey by an accounting firm ...
LONDON, June 30, 2019 /PRNewswire/ -- A new study has been released that yields significant global findings as to the relative compliance burden of Value Added Tax (VAT) and Goods and Services Tax ...
When visiting Europe, you'll find that many goods and services are assessed a "value added tax," or VAT. It's a tax on consumption rather than income, and it ranges from 15-25%. If you pay this tax ...
"I recall arguing with Mark that there wouldn't be an amount to get" back said HayNeil Consulting tax matters partner Barry Bloch. Global VaTax co-founder and CFO Mark Berger had approached HayNeil in ...
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