The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...

Click here to view the full article as an Adobe Acrobat PDF. The VAT is an old idea in tax policy that, despite periodic consideration, has not been adopted in the United States.[1] The absence of a ...

While the United States imposes a retail sales tax, many countries across the globe impose a value-added tax. VAT is similar to the retail sales tax, but it is imposed at every stage of the production ...

In recent days, defenders of Ted Cruz's VAT have tried to argue that what's taxable in a VAT is very similar to what's taxable in a normal corporate income tax. Steve Moore of the The Heritage ...

It might be hard to believe, but once you get past the political theater of the current presidential campaign, the remaining candidates have actually managed to disclose some level of detail on what ...

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with ...

Forbes contributors publish independent expert analyses and insights. Robert Goulder covers developments in U.S. and international taxation. This article is based on a reader’s suggestion: Design a ...

More than 150 countries have adopted a value-added tax (VAT) as a way to balance their budget. The value-added tax works like a sales tax, but it's applied at every step of the production chain. If a ...