Following the finance minister's announcement, all companies must reverse the increased VAT on invoices by May 1.

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

Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods ...

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 ...