Investopedia

Understanding Zero-Rated Goods: VAT-Exempt Items and Examples

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Eric's career includes extensive work in both public ...
consilium.europa

VAT rules: Council agrees position on directive simplifying tax collection for imports

The Council reached agreement on the position of member states (the so-called ‘general approach’) on the directive on value added tax (VAT) rules for distance sales of imported goods and import VAT.
consilium.europa

VAT: Council formally adopts new rules simplifying tax collection for imports

The Council today formally adopted new value added tax (VAT) rules for distance sales of imported goods. The directive will improve collection of VAT on imported goods by ensuring suppliers are always ...
The Nation Newspaper

Presidential committee proposes VAT exemptions on essential goods, services

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has clarified the committee’s recommendations to the federal government. The proposal seeks to exempt essential ...
The Manila Times

Legarda pushes to exempt basic goods, services, medicines from VAT and reduce the overall rate

SEN. Loren Legarda filed two bills to lower prices on basic goods and services while expanding value-added tax (VAT) exemptions for essential necessities and medical services.