Articles

 Input Tax Claim on Motor Vehicles in UAE
UAE
Input Tax Claim on Motor Vehicles in UAE
CA Rajiv Hira on 14 September 2020
Input Tax Claim on Motor Vehicles in UAE Can we claim input tax on motor vehicle, where effective logbook and tracking is available? For getting an answer..
Economic Substance Regulations : What is 3rd Port Shipment?
Economic Substance Regulations : What is 3rd Port Shipment?
CA Rajiv Hira on 30 July 2020
3rd Port Shipment,is asupply chain managementmethod in which thebusinessdoes not keep goods in stock but instead transfers itscustomersorders and shipment detai..
WPS Transfer from Group company: Is it taxable as per UAE VAT Law?
UAE
WPS Transfer from Group company: Is it taxable as per UAE VAT Law?
CA Rajiv Hira on 20 July 2020
Lets understand some of the concepts relating to the article: What is Wages Protection System (WPS)? WPS is an electronic salary transfer system that allo..
UAE VAT Impact on transactions in Free Zone
UAE
UAE VAT Impact on transactions in Free Zone
CA Rajiv Hira on 02 June 2020
This note is specially for my Banking Friends, who are eagerly looking for validating the client transactions for compliance. Going through the complete VAT Leg..
What will be the place of supply of educational services, when these are delivered electronically?
UAE
What will be the place of supply of educational services, when these are delivered electronically?
CA Rajiv Hira on 27 May 2020
UAE VAT : What will be the place of supply of educational services, when these are delivered electronically Applying the place of supply rules to educational..
Who can be considered as Connected Person for ESR
UAE
Who can be considered as Connected Person for ESR
CA Rajiv Hira on 23 May 2020
As per Cabinet of Ministers resolution no.31 of 2019 concerning,Economic Substance RegulationsConnected Personisa natural or juridical person who is related to ..
UAE Economics Substance Requirements for Intellectual Property Business
UAE Economics Substance Requirements for Intellectual Property Business
CA Rajiv Hira on 21 May 2020
Any High Risk Intellectual Property (IP) Licensee is, by default,deemedto havefailedtheESR test, resulting in the Competent Authorityexchanging informationon th..
Expected Transitional Provisions in KSA (effect of VAT change from 5% to 15%)
Expected Transitional Provisions in KSA (effect of VAT change from 5% to 15%)
CA Rajiv Hira on 18 May 2020
ISSUE OF INVOICE OR RECEIPT OF CONSIDERATION BEFORE 1JULY2020 Under the general VAT rules, in the event of the issue of a tax invoice or receipt of payment b..
Economic Substance: 12 Countries, different interpretation - Do we need to align?
Economic Substance: 12 Countries, different interpretation - Do we need to align?
CA Rajiv Hira on 15 May 2020
Different countries have different interpretationof what is considered as Distribution Business to be classified as relevant activity for Economic Substance Reg..
India Finance Bill, 2020 - Provisions relating to Direct Taxes, Section H
UAE
India Finance Bill, 2020 - Provisions relating to Direct Taxes, Section H
CA Rajiv Hira on 04 February 2020
Lets understand why this section itself in included in the Finance Bill. Roots of this provision seems to be originated from the OECD (Organisation for Economic..

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
close x