At the heart of the new policy is a "refund-upon-purchase" model, which allows foreign tourists to claim value-added tax ...

The Inland Revenue Department (IRD) has announced that all non-resident persons who provide services to customers in Sri Lanka through electronic platforms must register for Value Added Tax (VAT) if ...

Firms in SEZs enjoy a raft of incentives including a preferential 10 percent corporate tax and exemptions of import duties ...

Zacch Adedeji, chairman of the FIRS, says Nigeria will implement sweeping tax reforms starting January 1, 2026, under a ...

President Bola Tinubu on Thursday signed four new tax laws aimed at modernising and streamlining the country’s tax system. In ...

Nigeria passed four new tax laws in a major reform led by Taiwo Oyedele. The goal: simpler taxes, stronger state revenues and ...

As part of the reforms, the construction sector will now be subject to the standard VAT rate instead of the previously ...

Retail fuel prices have been lowered starting Tuesday as a National Assembly resolution on value-added tax reduction took effect.

Executive Chairman of Edo Internal Revenue Board (EIRS), Otunba Oladele Bankole-Balogun, said the board has adopted measures ...

MORE medicines for cancer, diabetes, high cholesterol, hypertension, tuberculosis and mental diseases have been exempted from 12-percent value-added tax (VAT) by the Bureau of Internal Revenue (BIR).