VAT is a neutral tax for businesses and cross-border trade; but does it offer discriminatory boost via fiscal devaluation? President Trump has Value Added Tax in his sights. On 13th February 2025, he signed a memo, “Fair and Reciprocal Plan”, initiating a review of trading
Gender inequality in the VAT system and wider tax sphere Does the VAT burden unfairly fall more heavily on women than men? There is lots of proof it does resulting from gender differences in consumption expenditures. For example, Akram- Lodhi and Van Staveren study in
US presidential election means OECD Pillar 1 tax agreement unlikely Digital Service Taxes back on agenda with risk to tariff retaliation See our DST country implementations tracker. The OECD’s negotiations with around 120 counties on rewriting the rules on taxing cross-border digital services (‘Pillar 1′)
175 countries have implemented VAT or GST – January 2025 Since the first introduction of a Value Added Tax in France in 1954, it has now been adopted by 175 countries around the world. The latest is Guinea-Bissau, implementing VAT on 1 January 2025. You
The market’s only tax engine & reporting application VATCalc offers the first and only single application with full global VAT engine calculations and returns preparation. VATCalc’s is uniquely built on national tax legislation, the EU VAT Directive and OECD VAT Guidelines. It is used by
