The VAT Act amendment in the Finance bill 2025 seeks to move some goods, including raw materials for manufacturing medicine, ...

The Finance Bill 2025 proposed changes to the Value Added Tax (VAT) Act, seeking to move some goods from the zero-rated to ...

Against a backdrop of rising retail margins and producer costs, these six essential food items have experienced easing price ...

REPUBLIC Act 11976, or the Ease of Paying Taxes Act, which took effect last Jan. 22, 2024, introduced significant changes to ...

We have recently engaged a new client who lets a commercial property to a VAT registered tenant. There is no OTT on the property, but our client ...

The Tax Authority had initially decided to begin enforcing VAT on tips from June 1, 2025, onwards, but this decision was ...

Several exporters of the country’s readymade garment sector are unable to recover $7.6 million from Russian buyers due to ...

Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage ...

As the 2025 midterm elections approach, the political arena grows louder – filled with the clamor of aspirants and re-electionists, each presenting their credentials, platforms and promises. S ...

CS says bold reforms are necessary to ensure fairness, boost compliance, and put the country’s finances on a sustainable path ...

On EU funds, he said Hungary is entitled to €22 billion in the current seven-year EU budget, of which €13 billion has already arrived. He said that along with clever legal battles, the political fight ...

An International Monetary Fund mission, led by Magnus Saxegaard and comprising Thomas Gade, Amit Kara, and Yurii Sholomytskyi, conducted discussions for the 2024 Article IV consultation with Iceland ...