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value-added tax
Indonesia implements 12% VAT on luxury goods
Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 percentage point increase from the previous rate.
Digital content exporters open foreign offices to avoid tax
South Korean firms report VAT refund delays in Vietnam
Vietnam to impose value-added tax waiver from February
Vietnam will cut its value-added tax by 2 percentage points to 8 percent starting Feb. 1 to boost recovery after two years of Covid-19 impacts.
January 29, 2022 | 12:30 am PT
Government eyes corporate income, value-added tax cuts
The government is seeking approval from the National Assembly for a number of tax breaks, including a 30-percent cut in corporate income tax, to boost businesses’ recovery.
August 15, 2021 | 08:09 pm PT
Greek government submits reform bill seeking fresh bailout aid
The Greek government tabled a bill in parliament on Wednesday that raises taxes, frees up the sale of banks' non-performing loans and sets up a new privatization fund with its foreign creditors in exchange for more bailout funds.
May 18, 2016 | 05:29 pm PT