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Value Added Tax Newsletter
  • Reducing Environmental Impact: Carbon Pricing and VAT Reform 21 Jan 2026 02:01 GMT

    … pricing or a reform of value-added tax (VAT) could mitigate these effects. … suggests that introducing a progressive value-added tax system could lead to … impacts, food consumption, carbon pricing, value-added tax reform, sustainability, European food system …

  • VAT on banking services: Setting the record straight 20 Jan 2026 22:30 GMT

    … Federal Government has introduced Value Added Tax (VAT) on banking services such … Contrary to widespread claims, VAT on banking services is … their obligation to remit VAT already charged and collected. … not introduce any new VAT burden on ordinary citizens, …

  • Saudi Businesses Warned Of Penalties As VAT Filing Deadline Approaches 20 Jan 2026 20:08 GMT

    … business establishments subject to Value-Added Tax to submit their tax … are required to file their VAT returns for December 2025. … to both categories. Saudi VAT warning ZATCA urged enterprises … seeking further information on VAT requirements to contact its …

  • Togo’s 2026 Tax Take: VAT And Customs Lead The Forecast 20 Jan 2026 19:59 GMT

    … the largest share, led by value-added tax (VAT) and customs-related levies. Domestic … VAT is projected at 189.4 … billion CFA francs, while customs VAT is expected to reach 351 …

  • The VAT reduction illusion 20 Jan 2026 14:14 GMT

    … 1, the government will eliminate value-added tax (VAT) on unprepared food items … living, and it painted this VAT cut as transformative. But … we warned that this VAT reduction would be negligible in … on the current five percent VAT charged on all unprepared …

  • Moore: Lower-income Bahamians will feel VAT cut marginally in light of inflation 20 Jan 2026 14:14 GMT

    … marginally from the removal of value-added tax (VAT) on food items, in light … result of the removal of VAT on food items. Halkitis also …

  • Russian Businesses Hike Prices in Response to VAT Increase 20 Jan 2026 13:40 GMT

    … on Tuesday. Authorities raised the value-added tax (VAT) rate from 20% to 22% … small businesses required to pay VAT in a bid to close … in inflation as the VAT hike takes effect. VAT is one of …

  • OPM on defensive: Guardian stands by VAT story 20 Jan 2026 02:13 GMT

    … Guardian, which reported that the value-added tax (VAT) cut on unprepared foods in … benefit to households. The VAT cut from five percent to … as a result of the VAT elimination. The prime minister … announced the VAT cut in a national address …

  • Nigeria’s Tax Agency Boss Flaunts N25.5Million Patek Philippe Watch While Citizens Grapple With Rising VAT 19 Jan 2026 14:53 GMT

    … of a 7.5 percent Value Added Tax (VAT), the Executive Chairman of the … tax authority, responsible for enforcing VAT collection from citizens and businesses … government-endorsed regulatory change regarding Value Added Tax (VAT),” the notice stated. It added …

  • VAT exemptions must come with transparency, consultation, & long-term fiscal consistency 19 Jan 2026 14:25 GMT

    … but rather, poor VAT design is. A value-added tax can be one … . But the effectiveness of VAT depends heavily on design. … Monetary Fund’s (IMF) VAT guidance notes that exemptions reduce … households than broad VAT exemptions or preferential VAT rates, which are …

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