Hotel La Tour had argued that VAT should be recoverable as a result of proceeds being used for a taxable business activity ...

For income or corporation tax purposes, gifts to customers are only tax-deductible if they meet strict conditions. The gift ...

Oyedele says circulating tax documents are fake and explains new reforms reduce taxes, protect small businesses, and benefit ...

Producer input prices rose by 1.1% in the year to November 2025, up from a revised rise of 0.8% in the year to October. Producer output (factory gate) prices rose by 3.4% in the year to November 2025, ...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has dismissed concerns that ...

Distrust and lack of commitment by government to providing basic needs for the citizens have always been responsible for the people becoming unwilling to take successive administrations seriously ...

If the credit balance arises due to an FTA decision, the taxpayer has one year to apply for a refund. In any other case, the ...

More countries are adopting the VAT, and its contribution to global revenue is rising Two thousand years ago when the emperors of China began building a great wall to defend their domain from fearsome ...

Aim is to make the tax system easier to use and made in line with international standards Dubai: The UAE’s Ministry of Finance has issued a new federal decree, which updates parts of the UAE’s VAT law ...

To ensure greater clarity for taxpayers, businesses and stakeholders, the iVAS System has been formally rebranded as the eVAT System, while all its functions and services will remain unchanged.

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Eric's career includes extensive work in both public ...