The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Understanding value-added tax can seem tricky ... who cannot reclaim VAT on purchases. Editor's note: This article was produced via automated technology and then fine-tuned and verified for ...

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 03-2025 to set the implementing rules and ...

Both existing tariffs and taxes like the value-added tax (VAT) applied by other countries on U.S. goods will be considered. Experts warn this could escalate into trade wars, affecting everything ...

“A VAT tax is a tariff,” Trump told reporters Thursday. That’s not true. A tariff is a tax on imports, while the VAT is simply a tax on all domestic consumption, regardless of where the good ...