What Countries Have VAT? Map Shows Impact of Trump Reciprocal Tariffs
The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete ...
EU Tax Chief Disputes Trump’s Claim That VAT Is a Trade Barrier
The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...
VAT in the Digital Age Finally Receives Approval
Although the VAT in the Digital Age package changes will take a few years to be implemented, businesses need to start ...
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How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs
To borrow an example from the Wall Street Journal, say a German bike maker buys steel and aluminum for €50 and sells the finished bike to a shop for €80. The shop is charged a VAT on that € ...
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VAT app users save big on small purchases with 2025 program rollout
The micro-purchase app allows customers to obtain easy tax relief on small, everyday purchases for which the current VAT system was not ideal for in the past. As an example, someone spending 15 or ...