Article 6 of the New VAT Law consolidates the “four non-operating activities” and the “five non-taxable items” from the Interim VAT Regulations and Caishui [2016] No. 36 into four non-taxable items, ...

Being older has its benefits. Here are two items exclusively for older adults that can help them save on taxes.

That's because some localities impose sales tax rates of their own and items that are taxable in some states might not be taxable in others. A sales tax is often imposed on retail goods and ...

Tax items for fiscal year 2025 of most interest to many taxpayers include the following dollar amounts: Standard deductions: For single taxpayers and married individuals filing separately for tax ...

Under guidelines, all the taxable items attract levies at rates determined by the value of money paid at a foreign country rather than factors such as quality, size, or weight, the guidelines state.