A LAWMAKER is pushing to reduce the value-added tax (VAT) on electricity from 12 percent to six percent, noting that the power tax makes the country's electricity rates the third-highest in Asia.
This technical note presents the ReverseMethod, a novel indirect approach for estimating the global value-added tax (VAT) compliance gap ... VAT gap estimates for over 100 countries and multiple years.
VAT is now frequently used in psychiatric hospitals and health clubs ... The Livevibe VAT Massage Chair uses a dual-drive system that combines the mechanical rollers of the average massage chair with innovative vibroacoustic resonance.
Finance MinisterBezalel Smotrich has increased the VAT exemption on personal imports from $75 to $150, as of Wednesday, despite the protests of Israeli retailers.|�Read More�Front – Globes ....
Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy." ....
According to a recent report by the European Commission, lost state revenue from value-added tax, or the VAT Gap, decreased by €7 billion a year in 2025, compared to previous years ... VAT revenue alone.