The Manila Times

Imee Marcos calls for amendment of Epira law to stop Meralco’s inflated charges

Sen. Imee Marcos called for the immediate amendment of the Electric Power Industry Reform (Epira) law to stop the exorbitant ...
NewsDay Zimbabwe

Zimra’s VAT assessments vs legal reality

ZIMBABWE’S value-added tax (VAT) enforcement framework is facing legal scrutiny amid claims that its multi-currency ...
Tax Guru

Department Cannot Enforce TNVAT Liability Arising from Its Own System Defect: Madras HC

The case examined whether purchase tax liability could be enforced when system defects prevented payment. The court held that software issues causing revenue-neutral outcomes made the demand ...
NerdWallet

Cost of Goods Sold (COGS): Definition and How to Calculate It

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...
Philippine Daily Inquirer

Legarda bats for VAT exemption of basic goods, services, medical needs

MANILA, Philippines – Senator Loren Legarda filed two bills to lower prices on basic goods and services while expanding value-added tax (VAT) exemptions for essential necessities medicines and medical ...
International Monetary Fund

Macro-Distributional Implications of VAT Reform Supporting Public Investment in Cabo Verde

This paper assesses the macroeconomic and distributional effects of VAT reform to finance public investment in Cabo Verde. The analysis shows that VAT reform can strengthen fiscal space and support ...
The Washington Post

Take the time to read this emotional time loop novel

In at least one respect, all time loop stories repeat themselves endlessly. The protagonists — Bill Murray in “Groundhog Day,” Tom Cruise in “Edge of Tomorrow,” Andy Samberg in “Palm Springs” — start ...
The New York Times

She Has Taken 30 Years to Write a 7-Part Novel About 1 Day. It’s a Sensation.

The Danish author Solvej Balle’s experimental opus reframes the tedium of contemporary life as a source of unexpected wonders. Solvej Balle in her garden in Denmark.Credit...Giulia Mangione for The ...
Monocle

How Solvej Balle turned 18 November into one of literature’s most arresting time loops

The Booker-shortlisted novelist explains how a single day evolved into a seven-book epic, and what it teaches us about ageing, relationships and our sense of time in the real world. Writer Solvej ...
JD Supra

UK HC confirms HMRC should consider allowing input VAT recovery on robust alternative evidence—even where no VAT invoice exists

Hotelbeds UK Ltd operates as a wholesale supplier of hotel accommodation, purchasing rooms from UK VAT-registered hotels and reselling them to travel businesses. Due to industry practice, Hotelbeds ...
The New Yorker

Solvej Balle’s Novels Rewire the Time Loop

Before Tara Selter, the protagonist of “On the Calculation of Volume,” a series by the Danish author Solvej Balle, gets trapped in a time loop, she is one half of a unit called T. & T. Selter. It’s a ...