Reminiscent of Don Quixote, Trump is tilting at windmills

This will be the tenth year that I have taught a course at Yale called "The Next China." The course focuses on modern China's daunting economic transitions. It frames the moving target that eludes US President Donald Trump's administration, which is taking dead aim at the Old China (a convenient...

Withholding VAT in Bangladesh: Changes and challenges

The new Value Added Tax (VAT) law is a much talked about issue in Bangladesh business community. One of the key points of discussion (also debate) has been the withholding VAT or VAT deduction at source or VDS. The National Board of Revenue (NBR) has made many changes to the...