Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.

India's Goods and Services Tax (GST) is poised for a major overhaul since its 2017 launch. A key change involves potentially ...

Goods and Services Tax meaning: GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, items of daily needs ...

Over 170 countries, including all of Europe, impose a Value-Added Tax, which taxes goods and services at each stage of production. Consumption taxes in the U.S. are on a state-by-state basis.

Sales tax is sometimes described as a "consumption tax" and is levied on goods and services purchased from businesses. Not all states require the payment of sales taxes, and those that do set ...