Articles

UAE VAT Treatment of Goods imported under DDP terms from Designated Zone
UAE
UAE VAT Treatment of Goods imported under DDP terms from Designated Zone
CA Rajiv Hira on 08 December 2020
What is DDP arrangement? In a DDP arrangement, the supplier is responsible for delivering the goods at the destination of buyer and paying all costs in bring..
UAE VAT Public Clarification (VATP022) for Dubai Owners' Associations and the Management Entities
UAE
UAE VAT Public Clarification (VATP022) for Dubai Owners' Associations and the Management Entities
Mayank Ahuja on 30 November 2020
The Public Clarification about VAT has been released by Federal Tax Authority for informing Dubais Owners Association as well as the Management Entities about t..
VAT on multiple vs. composite supplies
VAT on multiple vs. composite supplies
Thomas Lassey on 26 November 2020
Many supplies of goods and services made consist of several elements combined in a single transaction. Where such supplies occur, it is necessary for the suppli..
Owners Associations - UAE VAT Public Clarification
UAE
Owners Associations - UAE VAT Public Clarification
Dilip Jain on 18 November 2020
Owners associations- Public Clarification The Past: Owners associations (OA) have been in a somewhat tricky position since the introduction of value added..
VAT considerations for disclosed agents
UAE
VAT considerations for disclosed agents
James Hill on 16 November 2020
Determining whether oneis acting as a disclosed or undisclosed agent is an important consideration that many UAE taxpayers continue to grapple with. This topic ..
Oman VAT implementation in 2021: What to expect
Oman
Oman VAT implementation in 2021: What to expect
Deepika Rajan on 15 November 2020
What to expect when Oman implements VAT in 2021 On the 12th October 2020, His Majesty, the Sultan of Oman, Sultan Haitham bin Tariq bin Taimur, issued Royal ..
Changes in VAT Refund Template
UAE
Changes in VAT Refund Template
Sarika Dhameja on 09 November 2020
Federal Tax Authority (FTA) in UAE has recently updated the VAT Refund Template. We have summarized changes that has been introduced though the new refund templ..
VAT on E-commerce in UAE - Summarised
UAE
VAT on E-commerce in UAE - Summarised
Deeplaxmi Nadgouda on 27 October 2020
Introduction: In traditional commerce, goods and services are usually supplied from a physical location, such as a shop or office, with the supplier and the ..
VAT implementation in Oman
Oman
VAT implementation in Oman
Mayank Ahuja on 20 October 2020
Following the VAT introduction in Kingdom of Saudi Arabia, United Arab Emirates and Bahrain, the fourth GCC country that is going to be added in the list of VAT..
Treatment of VAT on Real Estate Transactions in Saudi Arabia
Treatment of VAT on Real Estate Transactions in Saudi Arabia
Ganesh Nair on 13 October 2020
Applicability of VAT on Real Estate Transactions, in The Kingdom of Saudi Arabia Part 2. In the previous article dated 25 March 2020, we discussed extensive..

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