VAT news tagged as "Services Tax"

Suriname

Suriname launches VAT 2018

May 12th, 2016

The South American state of Suriname is to delay the planned imposition of VAT in 2018.  This is part of a plan agreed with the International Monetary Fund. VAT will eventually replace the current Sales Tax. There are also a Consumer Tax and a Services Tax.


India

India GST progress

March 25th, 2016

The passage of the Indian Goods and Services Tax implementation bill has received a boost. The bill, the Constitution Amendment Bill, to replace VAT, CENVAT, Services Tax and many other indirect taxes had become blocked due to differences between the ruling BJP party and the opposition Congress party. However, changes in the political make-up of …