It's a crime punishable by death on the mainland yet some enterprising businessmen think ripping off the taxman is worth the risk. To be precise, entrepreneurs have made a business out of trafficking ...

A fake VAT invoice scam in Shanghai, worth 4.4 billion yuan ($718 million), was uncovered after an investigation, police said at a news conference on Wednesday. More than 20 suspects, led by two men ...

Invoice timing: Taxpayers should also ensure that all VAT invoices are issued in a timely manner. VAT invoices must be issued by taxpayers within 15 days of the end of the month in which the goods or ...

The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit. At a press ...

Manama, Apr. 28 (BNA): The National Bureau for Revenue (NBR) held a workshop on VAT invoice compliance, which aimed to raise awareness of all VAT related aspects and the necessary procedures for ...

The Ghana Revenue Authority (GRA) compliance and enforcement unit, says the non-issuance of Valued Added Tax (VAT) invoice is a criminal offence and can lead to prosecution. The Authority said tax ...

The tax authority wants the following elements to be compulsorily mentioned on the bill, that is the amount paid as Value Added Tax (VAT) and also the tax registration number of the establishment. A ...