Council Directive (EU) 2022/542 introduced sweeping reforms to VAT taxation across the European Union. Among its most consequential provisions for the art world was the significant curtailment (some ...

But as of May 2, 2025, that advantage disappeared – at least for China and Hong Kong. That’s when the U.S. officially eliminated the exemption for low-priced imports from those places. Suddenly, cheap ...

Using point of sale (POS) machine data for taxing businesses was discussed at a meeting between revenue and Treasury officers ...

Sri Lanka will begin imposing an 18% Value Added Tax (VAT) on services provided by non-resident individuals via electronic ...