The vote on a measure to amend the General Consumption Tax (GCT) that would result in the removal of the tax from imported ...

After 2027, the consumption tax rate would vary based on government spending. The combined federal tax rate would be determined as follows: A 14.91% sales tax to cover general fund spending ...

Value-added taxes” are a common type of consumption tax used worldwide. They don’t create a trade disadvantage for the U.S., ...

Jamaica’s courier companies that use armoured vehicles to transport cash are benefiting from a temporary break in the payment ...

As is well known, the economic rationale for imposing excises is very different from that for imposing a general consumption tax. While the latter should be broadly based to maximize revenue with ...

A May 2006 working paper by the International Studies Program titled Is VAT the best way to impose a general consumption tax in developing countries? explores this. "Under any form of consumption ...

As is well known, the economic rationale for imposing excises is very different from that for imposing a general consumption tax. While the latter should be broadly based to maximize revenue with ...