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  2. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer

  3. Tax-free shopping - Wikipedia

    en.wikipedia.org/wiki/Tax-free_shopping

    Tax-free shopping (TFS) is the buying of goods in another country or state and obtaining a refund of the sales tax which has been collected by the retailer on those goods. [1] The sales tax may be variously described as a sales tax , goods and services tax (GST), value added tax (VAT), or consumption tax .

  4. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    For example, sales tax in Chicago (Cook County), IL is 10.25%, consisting of 6.25% state, 1.25% city, 1.75% county and 1% regional transportation authority. Chicago also has the Metropolitan Pier and Exposition Authority tax on food and beverage of 1% (which means eating out is taxed at 11.25%). [15]

  5. Philippines levies 12% VAT tax on digital services by tech giants

    www.aol.com/news/philippines-levies-12-vat-tax...

    The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with ...

  6. Goods and Services Tax (Singapore) - Wikipedia

    en.wikipedia.org/wiki/Goods_and_Services_Tax...

    Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [1]

  7. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [ 87 ]

  8. Taxation in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_Philippines

    The value-added tax (VAT) rate since 2006 is 12%. [2] [5] The new VAT threshold was changed from Php 1,919,500 to Php 3,000,000 [6] [7] as a result of the passage of the Tax Reform for Inclusion and Acceleration (TRAIN) Law.

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