Value Added Tax (VAT)

FX Street  Mar 28  Comment 
The February data were very much influenced by the upcoming 3-point consumption tax hike in April.... For more information, read our latest forex news and reports.
The Hindu Business Line  Mar 21  Comment 
The Tamil Nadu Government has asked Nokia to pay ₹2,400 crore as value-added tax, stating that handsets made at its Sriperumbudur plant near Chennai were also sold in India. The company has fil...
Benzinga  Mar 17  Comment 
Swedish retailer Hennes & Mauritz AB (OTC: HNNMY) reported an 11% gain in its total sales, including VAT, in February. Analysts were estimating a 13.8% gain in sales. The total number of stores rose 13.3% y/y. Hennes & Mauritz's sales...
Times Online  Mar 14  Comment 
The chairman of JD Wetherspoon has ramped up his rhetoric against taxes ahead of next week’s budget, claiming the disparity...
Forbes  Mar 11  Comment 
The change is likely to increase the carriers’ tax burden and hurt profits, as the VAT is expected to be significantly higher than the currently applicable BT of 3%. We expect telecom services to be taxed at either 6% or 11% considering that...
BBC News  Mar 3  Comment 
The UK's tax authority, HMRC, scraps plans to charge VAT on Bitcoin trading, just days after the collapse of one of the virtual currency's leading exchanges.
Financial Times  Mar 2  Comment 
UK tax authority plans to ditch its levy on Bitcoin trading only days after the collapse of Mt Gox, one of the virtual currency’s leading exchanges
Times Online  Feb 23  Comment 
Brussels is likely to enforce higher VAT levels on an independent Scotland in a blow to Alex Salmond. In what...
Financial Times  Feb 13  Comment 
EU is to move taxing rights on cross-border sales of telecoms, broadcasting and digital services to countries where customers are based

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