Latest News for: vat

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6% VAT reduction on electricity rates pushed

The Manila Times 25 Dec 2025
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.
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‘It can be cheap here’: Smotrich raises VAT exemption on overseas orders to $150

Virtual Jerusalem 24 Dec 2025
Smotrich raises VAT exemption on overseas orders to $150 appeared first ...
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The Reverse Method: An Indirect VAT Compliance Gap Estimation Technique

International Monetary Fund 24 Dec 2025
This technical note presents the Reverse Method, a novel indirect approach for estimating the global value-added tax (VAT) compliance gap ... VAT gap estimates for over 100 countries and multiple years.
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The Lifevibe VAT Massage Chair: An Innovative Wellness Experience

New Atlas 24 Dec 2025
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.
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Smotrich doubles VAT exemption on personal imports

Virtual Jerusalem 23 Dec 2025
Finance Minister Bezalel 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 ....
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'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions

The Jerusalem Post 23 Dec 2025
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." ....
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‘Smotrich is taking us hostage’: Small-business owners protest new VAT, customs exemptions

Virtual Jerusalem 23 Dec 2025
Protesters also warned of the economic implications of the move ...
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Smotrich signs order: VAT exemption limit increased to $150

Virtual Jerusalem 23 Dec 2025
Finance Minister Smotrich’s move raises the VAT exemption ceiling for purchases from abroad. Business owners oppose the move.� | Read More�News from Israel ....
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E-payment proliferation reduces VAT gap

Ekathimerini 23 Dec 2025
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.
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EU public country-by-country reporting 2024 (VAT Group AG)

Public Technologies 23 Dec 2025
In accordance with its tax management and control principles1, VAT Group intends to comply with the EU Public Country-by-Country Reporting (CbCR) Directive published on December 1, 2021, in the Official Journal of the EU ... VAT Romania S.R.L.
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