Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on those who fail to report the added income.

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

GST exemption also makes vouchers more appealing to consumers, who can redeem them without the worry of extra taxes, ...

When your total cost at the store, the gas station or even your monthly bills register higher than expected, it's easy to point to inflation as the problem. People don't realize that even ...

Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

Tariffs have become President Donald Trump's favored economic move, prompting a lot of folks to ask what it is they even do.

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Perhaps overlooked by Canadians amidst a heady week of U.S. President Donald Trump’s further tariff threats and 51st state rhetoric is that the two-month Goods and Services Tax (GST) and Harmonized ...

The Goods and Services Tax (GST), introduced in 2017, has been good intention undone by poor implementation. How can it be reformed?

Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...

By applying the sales tax only to goods and a small number of services, Illinois is missing the ability to tax much of the ...