What Happens When You Fail To Charge Or Overcharge VAT?
This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...
VAT in the Digital Age Finally Receives Approval
Although the VAT in the Digital Age package changes will take a few years to be implemented, businesses need to start ...
usace.army.mil25d
VAT app users save big on small purchases with 2025 program rollout
The app will capture these individual micro-purchases in a monthly summary invoice and reimburse customers the VAT minus trading margins.” Customers will receive refunds of 14 and four percent ...
New Age14d
VAT machine made mandatory for highway restaurants in Bangladesh
The National Board of Revenue has decided to make mandatory installing Electronic Fiscal Device (EFD) or Sales Data Controller (SDC) machines at all VAT-eligible hotels and restaurants located on ...
BusinessWorld13d
A taxpayer’s right to correct invoicing errors
Opportunities to correct past mistakes can be invaluable, whether in personal or business matters. In taxation, this right is particularly crucial as errors in documentation can lead to significant ...
People's Daily Online8d
VAT data reflects progress in China's equipment upgrades, consumer goods trade-ins
BEIJING, March 8 (Xinhua) -- China's large-scale equipment upgrades and consumer goods trade-ins, launched a year ago, have steadily progressed and yielded remarkable outcomes, showcasing the ...
Nordot on MSN5d
EU brings in new rules to tackle VAT fraud
New rules for electronic invoices and online transactions will apply in the European Union in the future as part of an EU ...