Articles

Management Service Fees - Transfer Pricing Aspects
Management Service Fees - Transfer Pricing Aspects
Nilesh Patel on 19 January 2021
How to defend your Management Service Fees Payment in Transfer Pricing Audits? 1. Background 1.1. The payment of Management Service Fees (MSF) is a necess..
UAE VAT: Zero Rating of Export of Services
UAE
UAE VAT: Zero Rating of Export of Services
Thomas Lassey on 19 January 2021
Zero rating of Services Background One of the first updates to the UAE VAT Executive Regulations since they were published towards the end of 2017 relates..
Permanent Establishment risks for UAE companies operating in KSA
KSA
Permanent Establishment risks for UAE companies operating in KSA
Vikas Verma on 19 January 2021
In the current era of globalisation and cross-border trade, the concept of Permanent Establishment (PE) assumes paramount importance from an international tax p..
Consequences of Businesses for Late Filing or Non-Filing of VAT in UAE
UAE
Consequences of Businesses for Late Filing or Non-Filing of VAT in UAE
Mohammad Ali on 17 January 2021
Although some penalties for violations related to VAT in UAE are becoming less severe, theres still a very alarming array of VAT enforcement powers that can tra..
E-Invoicing In Gulf - A Beginning Of A New Era
E-Invoicing In Gulf - A Beginning Of A New Era
Anshul Goyal on 04 January 2021
INTRODUCTION TO E-INVOICING A GLOBAL PERSPECTIVE Globally, the Countries like India, Albania, Hungary, Italy, Poland, UK, Belgium, China, France, Portugal, ..
Two tax dispute resolution committees formed for Dubai (Decree No. 691/2020)
UAE
Two tax dispute resolution committees formed for Dubai (Decree No. 691/2020)
Mahmoud Abuwasel on 30 December 2020
Since around September 2020, the tax dispute resolution committee of the Emirate of Dubai has been inoperable (under reformation). Objections that have been ..
E-invoicing for VAT/ GST
E-invoicing for VAT/ GST
Mayank Ahuja on 23 December 2020
Electronic invoicing (e-invoicing) refers to adoption of standard that requires every business to issue invoice according to a prescribed electronic format that..
Digital Platforms and the importance of the information on operations
Digital Platforms and the importance of the information on operations
Alfredo Collosa on 23 December 2020
The Covid-19 pandemic has produced an exponential increase in new forms of commercialization of goods and provision of services that make use of digital platfor..
Electronic Billing in Saudi Arabia
Electronic Billing in Saudi Arabia
Ganesh Nair on 14 December 2020
Quite an eventful year this 2020 is proving to-be from VAT standpoint. Actions taken by GAZT in the past few months were commendable and applauded. First, th..
Implications of crypto assets in the value-added tax, income tax and property taxes
Others
Implications of crypto assets in the value-added tax, income tax and property taxes
Pablo Porporatto on 14 December 2020
Introduction Crypto assets play a relevant role as currencies or means of payment and also as investment alternatives, with excellent expectations for future..

Gcc Articles

Submit Articles
GCC FinTax
GCC App for Android & iOS

GCC FinTax is a community for Tax and Finance professionals from GCC to share knowledge, learn and network.

Download Android app   Download IOS app