Switzerland weighs temporary VAT hike to fund military upgrades

Switzerland is considering a temporary increase in its value-added tax to help pay for a long-term overhaul of its armed ...

Simple Guide To Indirect Tax

Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...
Business and Financial Times on MSN

Dissecting the Value Added Tax Act, 2025 (Act 1151): Why it matters to every taxpayer

By Ibrahim Asare Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In ...
European Supermarket Magazine

Austria To Cut VAT On Basic Food Items By Half

The Austrian government has planned a permanent reduction in value-added tax (VAT) on basic food items from 10% to 5%, ...
The Daily Star

Tax reform panel urges single VAT rate, shift towards direct taxes

A national task force on tax reforms has recommended that the government introduce a single rate of value-added tax (VAT), doing away with multiple rates of the indirect tax paid by final consumers.