The launch of VAT Calculators marks a significant advancement in the realm of VAT calculations. Designed for businesses, and financial professionals. LONDON, UNITED ...

Prior to 10 January 2012, the purchasing VAT-Vendor was (under certain circumstances) able to claim the transfer duty paid in respect of the acquisition from SARS as a notional input tax credit. This ...

On December 3, 2016, China’s Ministry of Finance (MOF) issued regulations on accounting treatment of Value-added tax (VAT), which immediately came into force from the date of issuance. The latest ...

Reforms to China’s value-added tax raise issues that landlords should consider when designing leasing structures and negotiating rental terms. This LawFlash analyzes the effect that VAT reform has had ...