Here's how value-added tax works, what it is and how you can get a VAT refund if you shop while traveling. Many, or all, of the products featured on this page are from our advertising partners who ...

More countries are adopting the VAT, and its contribution to global revenue is rising Two thousand years ago when the emperors of China began building a great wall to defend their domain from fearsome ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. In today's interconnected world, digital businesses have ...

Indonesia faces the challenge of increasing tax revenue while ensuring social equity. A potential solution is a modernised value-added tax system that maintains a uniform rate across all goods and ...