Learn about Value-Added Tax (VAT), a levy on goods/services at each production stage, how it impacts your finances, and why ...

Value-added tax rates vary by country, and some countries exclude certain goods or services from the tax altogether. For example, the European Union requires that an EU country’s VAT rate must ...

A value-added tax can catch some travelers off guard and getting a VAT refund takes patience and persistence. But if you're eyeing a big-ticket purchase while traveling, it can be worth the effort.

Republican state Rep. Jay Dean of Longview recently proposed a bill to replace school maintenance and operations property ...

The value-added tax works like sales tax except that every person in the chain that leads to the final purchase pays tax. For example, suppose there's a 10% VAT tax in effect.

A value added tax (VAT) is a form of consumption tax. As a buyer, it is a tax on the purchase price. As a seller, it is a tax on the "value added" to a product, material or service at his/her ...

Andrew Yang plans to give every American adult $1,000 a month in universal basic income, as a way to offset job loss from automation. And, he wants to pay for it, in large part, with a value-added ...

To narrow the fiscal imbalance, we should follow the lead of 160 other countries by adopting a value-added tax (VAT), a consumption tax that is economically similar to a retail sales tax.

When goods are exported, much of the value-added tax is refunded to the exporter, which Mr. Trump says gives international exporters an unfair advantage.

The VAT’s credit-invoice mechanism does, however, create a need for tax administrations to provide refunds, especially to exporting businesses, which have significant input tax credits.

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done properly, would tick all the boxes.

With the country facing a “reading crisis,” the Danish government plans to exempt books from a 25 percent value-added tax.