Currently, only 137,700 taxpayers—just 6% of Kazakhstan’s 2.3 million registered taxpayers—are VAT payers. Among these, only ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

The Supreme Court has handed a victory to Doehle Shipmanagement Philippines Corp. in a dispute over unutilized input ...

Stuart Brodie, Partner at Claritas Tax, explores how the UK’s high VAT threshold holds back small businesses and argues that lowering or scrapping it could boost growth and help the economy.

The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, ...

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 03-2025 to set the implementing rules and ...

By 16 May of the following year, balance of the DST liability must be settled; By the 30 June of each year an annual declaration specifying taxable revenues for the previous fiscal year must be ...

The Supreme Court (SC) on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with ...

Roscoe Noonan operated a business as a sole-trader, buying and selling cars. Although Noonan’s self assessment tax returns ...

THE Supreme Court (SC) has issued a decision clarifying the prescriptive periods for filing value-added tax (VAT) refund claims with the Commissioner of Internal Revenue (CIR). In a decision penned by ...

Filipino workers and students may soon see relief from high utility costs as Senator Francis Tolentino filed Senate Bill 2970 ...

THE Supreme Court (SC) ruled in favor of Dohle Shipmanagement Philippines Corp. (Dohle) in a value-added tax (VAT) case, in which it clarified the prescriptive periods for filing VAT refund claims ...