VAT news tagged as "BRICS"

South Africa

BRICS in trouble

September 24th, 2015

As emerging markets endure ongoing economic uncertainties, and the threat of a US interest rate rise which would redirect investment, VAT reforms have fallen out of favour.  The ‘BRICS’ (Brazil, Russia, India, China and South Africa) countries are enduring their own versions of this. Brazil revives controversial indirect taxes Brazil’s retreat into recession this last quarter …