Potential fraud such as the “missing trader” scheme, identify-theft tax evasion or claiming input VAT for non-qualifying expenses are probed. To address economic pressures, the government is ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

The recent imposition of Value Added Tax (VAT) has impacted negatively on agricultural inputs and outputs, presenting a threat to food security. According to a Tegemeo Institute of Agricultural Policy ...