South Korea to drop cosmetic surgery tax incentives that have fuelled wave of medical tourism

South Korea says it will stop providing tax incentives for foreign patients who undergo cosmetic surgery, ending an offer ...

China's new 'condom tax' draws skepticism and worries over health risks

China will soon start collecting a value-added tax on contraceptive drugs and products for the first time in over 30 years.
TheCable

Harmonisation, simplification, relief and progression: Unpacking Nigeria’s new tax regime

This reaction was fueled by a heated political climate, the government’s historical struggle to justify tax collection through service delivery, and the sheer sensitivity of fiscal policies to the ...
The New Times on MSN

How RRA achieved a record Rwf3.2 trillion in revenue

Rwanda Revenue Authority (RRA) collected more than Rwf3.2 trillion in tax and non-tax revenues during the 2024/25 fiscal year, up from Rwf2.7 trillion the previous year. According to newly released ...
The Business Standard

VAT net too small, aim is to register 1 lakh more businesses this month: NBR chief

Bangladesh has around 644,000 registered VAT payers, a number that does not match in any way with the various national surveys and the actual number of businesses operating in Bangladesh, says Md ...
The Business Standard

NBR to observe VAT Day tomorrow

Officials said improving VAT administration and expanding automation will help sustain this upward trend, strengthening the nation's fiscal foundation.
The Kenya Times on MSN

KRA abolishes key tax department behind filing of returns, forms 2 units

The Kenya Revenue Authority (KRA) has formally wound up the long-standing Domestic Taxes Department. KRA Commissioner-General ...