A new value-added tax (VAT) return (form for declaring sales, turnover and other liabilities) would replace the existing combined sales tax and federal excise return from July 1, 2010 under the ...

Algirdas Šemeta, the European commissioner in charge of taxation, has proposed a uniform VAT return, in a move to simplify EU law. As part of the EU's end-of-term push to cut red-tape for businesses ...

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A salient feature of the VAT system is its ability and promptness in making refunds as and when due. Refund here does not necessarily mean direct cash payment as further explained in paragraph 4 below ...

WIESBADEN, Germany - Many Americans are used to doing a little mental math in the grocery or retail store and adding a percentage onto the advertised price because of sales tax. In Germany, a 19% ...

GRAFENWOEHR, Germany -- Taxes are inescapable even in the land of fairy tale castles. Similar to sales tax, products or services purchased in Germany include a Value-Added Tax, or VAT, of either 7 or ...