The government has been pushing to attract more investors for the Philippines to become more competitive with other ASEAN countries. Recent tax laws are trying to keep up with the digital world, where ...

China's new instant VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase.

RIYADH: Saudi Arabia has announced that tourists will now be eligible for a refund of the 15% Value Added Tax (VAT) paid on ...

Effective immediately, Hunan Province has officially launched its first-ever pilot program for an "Instant Tax Refund" ...

Riyadh: Tourists visiting Saudi Arabia will now be eligible for a refund on the 15 per cent Value Added Tax (VAT) they pay on goods and services during their stay. The new VAT exemption came into ...

Tourists visiting Saudi Arabia are now eligible to receive a refund on the 15% Value Added Tax (VAT) paid on goods and ...

One significant addition recently introduced in our tax laws is Republic Act (RA) 12079, which provides Value-added tax (VAT) ...

Finance Minister Enoch Godongwana has announced the withdrawal of the proposed VAT increase of 0.5 percentage points.

The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added tax refund for foreign tourists.