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VAT – XtremeCuztoms

Tag: VAT

Say No to the VAT

Commentary Last week, a light appeared on the dark horizon. It seemed like some Republicans were getting serious about reforms we need to save the country from a pillaging ruling class that has been stealing everything not nailed down. It seemed like perhaps some wise people were thinking about radical and dramatic reform to restore…


An Incident of Export Rebate Fraud in China Reveals a Multi-Million Dollar Industry

Recently, a Chinese manufacturer from the city of Mianyang, Sichuan, was discovered to have stolen millions in value-added tax rebates through a fraudulent scheme. Furthermore, local media uncovered a chain of businesses associated with similar schemes, indicating a total of about $70 million in lost revenue for the local governments. Value-added tax (VAT), in simple…


Cultural Nightlife Sector Has Lost 86,000 Workers Since Start of Pandemic

The UK’s cultural nightlife sector has lost around 86,000 jobs since the pandemic hit, according to new data. A new report commissioned by the Night Time Industries Association (NTIA), which represents more than 1,200 members including nightclubs, bars, and casinos, said the sector was “ravaged” by the pandemic and the restrictions enforced from last March….