OVER 2,100 pubs have shut their doors permanently in the past 20 years, according to a shock new report. One in four have ...

Travel smarter with Rick Steves' expert advice on how to make certain purchases overseas work for you. Don't skip this step on your way out.

MoneyMagpie Editor and financial expert Vicky Parry celebrates Disability Pride Month with some top mobility and ...

It's hard to make tax sexy, but Italy is doing its best. On Monday, the Italian government announced will cut the country's VAT on art sales from 22 percent-the highest in the European Union-to just 5 ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT ...

The move to write off old VAT dues is expected to benefit more than 40,000 traders and will help reduce litigation in more ...

Any cuts to VAT on food would need to be covered either by larger budget cuts or by fresh taxes, Prime Minister Kristen ...

A VAT, because it touches every transaction, is just that: The Congressional Research Service estimates that each one percent of a value-added tax would raise $50 billion. That’s real money.

The VAT is essentially a sales tax, except that it's charged at each stage in the development of a product instead of at the moment when the product is sold. Take, for instance, ...

Abraham Irwin. West Orange, N.J.. That the US could impose a VAT is true enough. But the idea that this acts as a subsidy or tax on trade is just flat out wrong.

By Kevin Drum. MORE VAT....Matt Yglesias adds his voice to the tsunami of blogospheric support for a VAT to pay for universal healthcare, and then says: All-in-all, I think this is an area where ...