Recent Event Highlights: Packaged food may be exempted from GST - Business Standard, French telecom prices set to rise if taxes hiked - Reuters, UK Retail Sales Post Surprise Fall - Wall Street Journal, France Telecom CEO plans to pass on VAT increase - Total Telecom, State estimates K17.9 trillion 2012 budget - Zambia Daily Mail, A tax to battle our debt - Tampabay.com, and 173 more...
Created by dipity on May 27, 2009
Last updated: 10/29/10 at 08:07 PM
Vat Tax has no followers yet. Be the first one to follow.
FavStocksA More Skeptical View of Greek ReformsFavStocksMoreover, the government isn't paying back the VAT tax credit, which is substantial for projects like ours. Also, capital flight is all too common as the ...and more »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH412FHLAxxMVmYrRS2JGKV9m4GZg&url=http://www.favstocks.com/a-more-skeptical-view-of-greek-reforms/1624825/
Packaged food may be exempted from GSTBusiness StandardAt present, processed food products are exempted from central excise, but most states levy Value Added Tax (VAT) on these. Certain packaged food items might ...and more »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGpoeDLC1lnMmdwbE8LqQ9O1982ZQ&url=http://www.business-standard.com/india/news/packaged-food-may-be-exemptedgst/408346/
French telecom prices set to rise if taxes hikedReutersPA) are set to raise prices if a government plan to hike the value-added tax on bundles of TV, broadband, and phone services goes through. ...and more »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGHhKy59xVdaWug3sgX895DNcgc1A&url=http://www.reuters.com/article/idUSLDE68D24O20100916
MSN Money UKUK Retail Sales Post Surprise FallWall Street JournalMost of these steps, including a rise of 2.5 percentage points in the value-added tax on retail goods, won't take effect until January. ...U.K. retail sales unexpectedly fallInvestor's Business DailyUK retail sales fall for first time since JanFOXBusinessall 38 news articles »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGAMJrpSaa8SgEXyCqnHHHjp8mjqA&url=http://online.wsj.com/article/SB10001424052748703440604575495180183156718.html
France Telecom CEO plans to pass on VAT increaseTotal TelecomValue-added tax increase would cost French incumbent €230 million if it did not pass on cost to customers. France Telecom plans to pass on to customers a ...
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4z3EoTrc9leNFRiLcUdmvY8bzJw&url=http://www.totaltele.com/view.aspx?ID%3D458628
State estimates K17.9 trillion 2012 budgetZambia Daily MailHe said Government expects value added tax (VAT) collections to increase by 69.2 percent by 2013 compared with 2010 levels and remain fairly constant at ...and more »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG_oVHs9zBDfve9HimLBsF_chNc8w&url=http://www.daily-mail.co.zm/media/news/viewnews.cgi?category%3D8%26id%3D1284624723
A tax to battle our debtTampabay.comThe tax would then be collected on the paper manufacture (net all expenses). When the finished paper is sold to the consumer, the VAT tax would also be ...
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHsuw2-AwzQnM1HTye1z0iYFVc-Qw&url=http://www.tampabay.com/opinion/columns/a-tax-to-battle-our-debt/1121780
Romania to leave flat tax rate unchanged at 16% until 2013Focus NewsThe document doesn't indicate whether the value added tax rate will be modified over the next three years. In July, the government raised the VAT to 24% ...Romania to keep flat tax unchanged at 16 pct-reportForexyardall 12 news articles »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG0wYdpyxXfeCGqGZTV2xW4jER_JQ&url=http://www.focus-fen.net/index.php?id%3Dn230480
Govt wants to take back seniors' VAT exemptionManila Standard TodayTHE Aquino administration is considering taking back the exemption from the value-added tax granted to senior citizens barely three ...and more »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF7LRfX9qVh2_o1AuKb6dR5FsI6RQ&url=http://www.manilastandardtoday.com/insideNews.htm?f%3D2010/september/13/news1.isx%26d%3D2010/september/13
Consumers Say VAT Would Curb SpendingBusinessNewsDailyNinety-two percent report they would curb spending if the government imposed a tax of 15 percent on all purchases. If imposed, consumers would pay a VAT, ...VAT would have huge affect on personal spending, survey findsThe Hill (blog)Most Commented OnHome Textiles Today (blog)all 13 news articles »
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEQNAvdUd0XzSJZi3NIz8Pum30p5A&url=http://www.businessnewsdaily.com/consumers-say-vat-would-curb-spending-0481/
Basseterre, St. Kitts (August 10, 2010) -- Part 5, Hon. Richard Skerritt's contribution to the debate on the Value Added Tax (VAT) legislation.
Basseterre, St. Kitts (August 10, 2010) -- Part 2, Hon. Richard Skerritt's contribution to the debate on the Value Added Tax (VAT) legislation.
Basseterre, St. Kitts (August 10, 2010) -- Part 1, Hon. Richard Skerritt's contribution to the debate on the Value Added Tax (VAT) legislation.
Minister for Finance & Public Work Thomas Isaac said that there may be a 30 per cent profit in VAT tax this year. www.istream.in
At Rick's Vacaville Town Hall, he responds to a question about the Democrats' idea for a Value Added Tax (VAT)
Rep. Pitts discusses the recent proposal in Britain that will raise the VAT by 2.5 percent, costing 163000 jobs, and what it means to the US
Basseterre, St. Kitts (June 11, 2010) -- St. Kitts and Nevis' Prime Minister and Minister of Finance, the Hon. Dr. Denzil L. Douglas, updated the nation on the implementation plans of the Value Added Tax, which is due for implementation in November.
Be Ready Pakistani Nation....UpComing VAT is about to kill people....
www.taxcpahouston.com Value added tax (VAT) is a tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer. Jim Trippon discusss the proposed Value added tax (VAT) by the Obama Administration ~ Speaker of the House, Nancy Pelosi. President Barack Obama says that a new value-added tax on Americans is a possiblity. Obama said in an interview with CNBC, "I want to get a better picture of what our options are." Many European countries impose a VAT, which taxes the value that is added at each stage of production of certain commodities. It could apply, for instance, to raw products delivered to a mill, the mill's production work and so on up the line to the retailer. As a taxpayer what does a vat tax mean to you? Will a value added tax make consumer product increase in price? Will the VAT replace the income tax? Find out as tax CPA Jim Trippon discuss these questions and many more about Value Added Tax, VAT Tax and VAT Jim has also written a special report titled "How to protect yourself from Nancy Pelosi's plans to SkyRocket your income taxes. To get your FREE copy of this report visit www.specialtaxreport.com
Kamran Yousaf brings to you debates raging throughout Pakistan only on DawnNews Friday & Saturday 8:05pm PST
Kamran Yousaf brings to you debates raging throughout Pakistan only on DawnNews Friday & Saturday 8:05pm PST
Alan Simpson was asked yesterday on Fox News Sunday, and again on Cavuto today, about the idea of a VAT tax to help cut the deficit down to size, and Simpson made it clear ... no VAT unless every other tax is on the table too.
VAT
President Barack Obama says the value added tax (VAT) is a "novel" idea for the United States.Subscribe to "EricCantor" for the latest YouTube videos. Watch more YouTube videos at: www.youtube.com Please rate this video five stars, favorite it, post it to your YouTube channel page, embed it on your blog, post it on your social media (ie Twitter or Facebook), and send it to five of your friends. Follow on Twitter: twitter.com
Will a national sales tax help reduce the deficit? Obviously, that answer is "yes," and in spite of all of their whining about rising deficits, the GOP just can't bring itself to the realization that without tax revenue, the government will always be broke. Mike Papantonio appears on Fox News' Bulls and Bears to give us the truth about taxes and deficits.
the Value Added Tax (VAT) is coming!! What is it?? it is a tax on EVERYTHING you buy, from a candy bar to a new car. facebook: www.facebook.com
Join the Meetup www.meetup.com Donate tinyurl.com Should we start to run meetings to pursue constructive positive reformation?A talk about Jamie Oliver's Food Revolution; Ignorance is a new form of slavery. He brings to light a national embarrassment. This embarrassment is illustrative of the greater trend and the overview. I go on to talk about the Value Added Tax. Were a VAT to be implemented it would not be used for constructive purposes. Instead it would be used to pay off the bad debt of financial and legal based capitalism
This was part of "Fox & Friends" commentary on Sunday, 28th, 2010 related to VAT (Value Added Tax) coming to America. All those who were and are in favor of just passed ObamaCare bill are living in a fantasy land if they think, that they will not pay a penny for that entitlement. VAT will hit everyone and those supporting the bill (low income and poor) will be hit the hardest.
Syndicated columnist points to Obama deficit reduction commission as prelude to national sales tax that will fund ObamaCare
America needs a value-added tax to offset the foreign VAT, and to take the burden of the income tax off the middle class.
The Value Added Tax or VAT is a scam and would allow states to tax the tax with a sales tax.
This Center for Freedom and Prosperity Foundation video explains why a value-added tax would be a dangerous money machine for big government. The evidence from Europe also shows that VATs actually lead to higher income taxes. www.freedomandprosperity.org
Obama and the Democrats continue the outrageous borrowing and spending that happened under the Republicans and the Bush Administration, the Federal Reserve is printing money like mad, and the Chinese are putting pressure on America to maintain the value of the dollar (what the hell kind of monetary system relies on a communist authoritarian dictatorship to prop up its value anyway?). The bill is coming due, and to avoid hyperinflation the Obama administration is scheming to implement a VAT tax, which will break his promise of no tax increases for those making under $250k / year. The false "free market" Fed fraud Alan Greenspan proposed a VAT tax (what the hell kind of "libertarian" saves a bankrupt Social Security system by increasing Social Security taxes, and 20+ years later proposes a VAT tax to pay for big government and health care anyway?). Geithner said new revenue streams will be needed. That's where the VAT comes in. The Republicans and Democrats have been screwing us over way too long - it's time to vote the bastards out and replace them limited government constitutionalists - Ron Paul Republicans and Libertarians.
Dan Mitchell on the VAT
Law Report: The company secretary's obligations under the VAT ActMalta Independent OnlineIn terms of Article 27(1) of the VAT Act “Every person registered under Article 10 shall furnish the Commissioner with a tax return for every tax period by ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.independent.com.mt%2Fnews.asp%3Fnewsitemid%3D91788&usg=AFQjCNEmtt33NttQuzFNrwGopuaKGieDHA
INTERNET LAW - EU Measures To Fight Tax FraudIBLS INTERNET LAW (subscription)On October 7, 2003 the Council of the European Union adopted Regulation Number 1798/2003 on administrative cooperation in the field of Value Added Tax. ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.ibls.com%2Finternet_law_news_portal_view.aspx%3Fs%3Darticles%26id%3DCFAAB9AA-C26D-4409-97B8-9F37476D0121&usg=AFQjCNG4eN31F2O9PrdxpTaW3T4zhAF1Og
Telegraph.co.ukVAT: David Blanchflower says 'madness' to raise tax in JanuaryTelegraph.co.ukValue Added Tax was cut from 17.5 per cent to 15 per cent by Mr Darling in November last year for a period of 13 months to help beleaguered shopkeepers and ...Economist: Raising UK's VAT in January is "madness"SmartBriefall 3 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2Ffinancetopics%2Frecession%2F5925600%2FVAT-David-Blanchflower-says-madness-to-raise-tax-in-January.html&usg=AFQjCNFQSOqPtDZSX-4o-qLURFtTV9wbKw
IMMEX Companies Tax AuditsLinex Legal (subscription)... Maquiladora and Export Services Program in order to review the compliance with the requirements provided by the Value Added Tax Law. ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.linexlegal.com%2Ftransit.php%3Fcontent_id%3D98074%26id8%3D1&usg=AFQjCNGAwhXErZ2Roik7i00R4LLgHIo7hw
Telco must pay local franchise taxBusiness MirrorContrary to Smart's position, the Court stressed that RA 7716, or the Expanded Value Added Tax Act, did not abolish the payment of local franchise tax. ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fbusinessmirror.com.ph%2Fhome%2Ftop-news%2F13800-telco-must-pay-local-franchise-tax-.html&usg=AFQjCNFA-EVUQchRQFyRqQNBjyieKPcK1w
Philippines' value added tax collections exceed target in H1.ISI - Emerging MarketsAccording to the Manila Times , figures of the Bureau of Internal Revenue (BIR) show that the Philippine government's value added tax (VAT) collections ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.securities.com%2Fgooglenews.html%3Fpc%3DCN%26doc_id%3D229212643&usg=AFQjCNEqoejXT9hMxPx9CoEHJERLRQnWIg
The Baltic CourseLatvia, IMF Reach Preliminary Accord on First ReviewBloombergThe country has cut spending by lowering pensions, state pay and maternity benefits, and raised value added tax since signing the agreement. ...PM of Latvia: coalition parties agree in principle on agreement ...The Baltic CourseIMF and Latvia coalition parties may sign letter of intent todayBaltic Business NewsANALYSIS-Latvia still faces uphill climb despite IMF dealForexyardEmerginvest -Baltic Business Newsall 165 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601085%26sid%3Dama.UvIqAYZo&usg=AFQjCNEgyWNOpL74ss35FRM80SipIc0Ilg
The Moscow TimesVAT Deduction and the Grounds for Obtaining Tax BenefitsThe Moscow TimesThe tax legislation does not provide any requirements that the taxpayer should prove his right to value added tax deductions by presenting evidences of ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.themoscowtimes.com%2Farticle%2F1052%2F42%2F379888.htm&usg=AFQjCNHuTpj8c_nXkHLaTDBF-AwNiy3sXA
Income tax collections fall short, but VAT take tops targetBusinessWorld OnlineThe corporate income tax was trimmed to 30% from 35% starting this year, as provided by the Reformed Value Added Tax Law of 2005. The tax relief measure, ...BIR falls P11.5-billion short of first semester targetPhilippine StarVAT surged to P86.56B in first halfBusiness MirrorGovt collects more from VAT on higher spendingGMA news.tvall 5 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bworldonline.com%2FBW072709%2Fcontent.php%3Fid%3D051&usg=AFQjCNEAws2lNanI1VhWs5paLNb7FikwvA
Javno.hrCroat PM says plans to raise income tax, VATForbesZAGREB, July 22 (Reuters) - The Croatian government said on Wednesday it plans to impose a temporary emergency income tax and raise value added tax to ...Croatian government plans to introduce new tax on income to fight ...Los Angeles TimesCroat government introduces "crisis tax"MSN IndonesiaGovernemnt wants a crisis tax and higher VATCroatian TimesEurActiv -Forbes -Forbesall 94 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.forbes.com%2Fafxnewslimited%2Ffeeds%2Fafx%2F2009%2F07%2F22%2Fafx6686666.html&usg=AFQjCNHlw4YgDUSJ57gf44-wvNVJHZfSog
Organising a press conference in the capital on Wednesday, Federation of Nepalese Chamber of Commerce and Industries (FNCCI) demanded that government reconsider the implementation of new provision governing the Value Added Tax (VAT).
Update Sources