For many taxpayers, the end of the first quarter of 2026 marks the filing of several tax returns, notably the filing of the Value-Added Tax (VAT) on Digital Services (VDS). Starting June 2, 2025, ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. Oct 29, 2024, 03:41pm EDT Close-up view of a keyboard with 2025 ...

Sri Lanka’s Value Added Tax (VAT) system is undergoing a significant structural reform with the introduction of a new standardised VAT Tax Invoice format. This reform was initially scheduled to come ...

The European Union's "VAT in the Digital Age" (ViDA) reform package, approved by the ECOFIN Council on November 5, 2024, is set to bring major updates to the EU VAT system. For businesses outside the ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...