President Donald Trump wants Europe to buy American stuff again. On Thursday, the president ordered economic officials to develop custom “reciprocal tariffs” for each of America’s trading partners ...

The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...

What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...

Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...

Just as there are myriad complications in as simple a concept as taxing “income,” there are just as many if you want to tax “sales” or “business profits.” Herman Cain's 9-9-9 plan may prove to be a ...

The proposal is to have a system that resembles a sales tax by disallowing Vat input claims and to rely solely on the payment ...