It's a crime punishable by death on the mainland yet some enterprising businessmen think ripping off the taxman is worth the risk. To be precise, entrepreneurs have made a business out of trafficking ...

A fake VAT invoice scam in Shanghai, worth 4.4 billion yuan ($718 million), was uncovered after an investigation, police said at a news conference on Wednesday. More than 20 suspects, led by two men ...

The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit. At a press ...

Invoice timing: Taxpayers should also ensure that all VAT invoices are issued in a timely manner. VAT invoices must be issued by taxpayers within 15 days of the end of the month in which the goods or ...

Beginning October 2022, directors of registered businesses across the country issuing fake invoices, receipts and also failing to file their annual tax returns could face over five years in prison.

The Ghana Revenue Authority (GRA) compliance and enforcement unit, says the non-issuance of Valued Added Tax (VAT) invoice is a criminal offence and can lead to prosecution. The Authority said tax ...

Manama, Apr. 28 (BNA): The National Bureau for Revenue (NBR) held a workshop on VAT invoice compliance, which aimed to raise awareness of all VAT related aspects and the necessary procedures for ...

Ho Chi Minh City police have arrested 11 individuals for their involvement in a 4.4 trillion VND ($183 million) VAT invoice fraud ring, adding to an ongoing investigation that has implicated dozens.