After 26 years, the Federal Government has made the proposal to increase the rate of Value Added Tax (VAT) from five per cent to seven point five per cent with effect from 2020. Here is what you need ...
What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...
President Donald Trump plans to unveil reciprocal tariffs against U.S. trade partners on April 2. The White House considers value-added taxes, or VATs, an unfair trade practice. VATs, similar to a U.S ...
The financial landscape underwent a series of changes in this digital age, which eventually reflected on fiscal policies. Taxation policies like VAT (Value Added Tax) play a crucial role in a ...
Opinion
The Manila Times on MSNOpinion

Households, the economy and VAT

FOR nearly two decades, Filipinos have lived under the weight of the 12-percent value-added tax (VAT), once 10 percent, under Republic Act 9337, or the Expanded Value Added Tax Law. The increase was ...
President Donald Trump is planning to unveil reciprocal tariffs on Wednesday to retaliate against trade practices his administration deems unfair or discriminatory. Among the grievances is the ...