Learn what basis value is, how to calculate it, and see examples to understand its role in reducing tax burdens on fixed assets when sold.

With the country facing a “reading crisis,” the Danish government plans to exempt books from a 25 percent value-added tax. By Isabella Kwai Officials in Denmark, as in many other places, are worried ...

President Donald Trump plans to unveil reciprocal tariffs against U.S. trade partners on April 2. The White House considers value-added taxes, or VATs, an unfair trade practice. VATs, similar to a U.S ...