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 ...

While the United States imposes a retail sales tax, many countries across the globe impose a value-added tax. VAT is similar to the retail sales tax, but it is imposed at every stage of the production ...

Forbes contributors publish independent expert analyses and insights. I write about banking, finance and economics. President Trump is confused. Specifically, he is confused about the GOP’s proposed ...

Forbes contributors publish independent expert analyses and insights. Robert Goulder covers developments in U.S. and international taxation. Does Donald Trump secretly covet a VAT? This is a ...

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 ...

More than 150 countries have adopted a value-added tax (VAT) as a way to balance their budget. The value-added tax works like a sales tax, but it's applied at every step of the production chain. If a ...

In plotting reciprocal tariffs, President Donald Trump has said his administration plans to penalize trading partners, including allies, that have value-added taxes. Here is what to know about Trump's ...