Latest News for: vat

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WATCH: Policy analyst discusses impact of removing excise tax, VAT on fuel

The Philadelphia Inquirer 20 Mar 2026
... the value-added tax (VAT), in response to the oil crisis caused by the Middle East conflict.
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ACE welcomes pledge to reduce VAT to 7% for restaurants and kiosks

Independent Online 20 Mar 2026
The Association of Catering Establishments (ACE) welcomed the Leader of the Opposition's commitment for a future Nationalist Party government to reduce VAT to 7% for restaurants and kiosks within its first 100 days in office.
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Cambodia reduces fuel import duties, VAT to stabilize retail prices

Xinhua 20 Mar 2026
PHNOM PENH, March 20 (Xinhua) -- The Cambodian government has reduced import duties and value-added tax (VAT) for gasoline and ... Cambodia reduces fuel import duties, VAT to stabilize retail prices.
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Spain set to reduce VAT on energy and gas in bid to mitigate effects of Middle East conflict

Catalan News 20 Mar 2026
The Spanish government plans to reduce VAT on all fuels, electricity, and gas from 21% to 10%, as part of the measures that are expected to be announced to mitigate the effects of the conflict in the Middle East.
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Spain to reduce VAT on fuel to 10% over Iran war, SER reports

RTE 20 Mar 2026
Spain will reduce the value-added tax on fuel products from 21% to 10% as part of measures to cushion the economic blow from the Middle East conflict, SER radio station reported, citing sources familiar with the plans ... .
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Spain to reduce VAT on fuel to 10% over Iran war

CyprusMail 20 Mar 2026
Spain on Friday will reduce the value-added tax on fuel products to 10% from 21% as part of measures to cushion the economic blow from the Middle East conflict, SER radio station reported, citing sources familiar with the plans ... local time(1000 GMT).
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VAT on petrol and electricity cut to 10% as Spain unveils €5bn cost-of-living plan

Spanish News Today 20 Mar 2026
At the heart of the plan, announced by President Pedro Sánchez this Friday March 20, is a temporary reduction in VAT on petrol, electricity and natural gas from 21% to 10% ... Alongside the VAT ...
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VAT exemption for natural gas should be enforced quickly — solon

The Philadelphia Inquirer 19 Mar 2026
MANILA, PhilippinesThe Department of Energy (DOE) should immediately implement value-added tax (VAT) exemptions on the sale and ...
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Indigenous natural gas gets VAT exemption

The Philippine Star 19 Mar 2026
Electricity generated from indigenous natural gas is set to become cheaper after the government issued guidelines exempting it from the 12 percent value-added tax ....
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North zeroes VAT on fuel to combat price rises amid Middle East war

CyprusMail 19 Mar 2026
In addition to the zeroing of VAT on fuel, he said that the amount of clean profit which importers and petrol stations can take from retail sales has been capped at 7.25TL (14 cents) per litre.
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Business Owner Jailed for VAT Evasion After False Filings Exposed

The Daily Tribune - Bahrain 19 Mar 2026
... VAT, and ruled that he be deported after serving his sentence ... In his capacity as the owner of the business, the defendant deliberately failed to pay the VAT due within the legally specified timeframe.
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Why are sign language services considered a luxury for VAT in Ireland?

RTE 19 Mar 2026
The treatment of sign language interpretation as a luxury service is an anomaly within the EU's VAT system, one that runs counter to its intention ... Value Added Tax (VAT) is an 'EU-level tax' ... In this way, VAT is an ‘indirect tax’.
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