Chirag Agarwal on 15 November 2021
Do you know input tax on prepopulated import of goods can be claimed only if the ownership of the goods is being transferred before the physical delivery of the..
Chirag Gupta on 25 October 2021
Just to give a brief background, The UAE Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on Administrative..
Chirag Gupta on 16 October 2021
Today we are going to discuss about Profit Margin Scheme. As per UAE VAT Law under normal circumstances, the 5% VAT is calculated on the sales price. However, t..
Karan Mutneja on 14 September 2021
Standard Operating Procedures for Accounts, Tax and Finance
Standard Operating Procedures (SOPs)are clearly defined and documented set of instructions fo..
Alfredo Collosa on 10 August 2021
We are witnessing a time of historical crisis where States need, more than ever, resources to finance the policies needed to face it.
In many countries, tax ..
Alfredo Collosa on 08 August 2021
Today, we are witnessing a boom in the use of cryptocurrencies as means of payment and as forms of savings and investment (at the end of 2020 they already excee..
KGRN Audit on 25 July 2021
A companys financial situation must be regularly monitored in order for it to improve. Auditing may aid with business understanding by analysing the numerous ac..
Alfredo Collosa on 22 June 2021
The present comment explores some cases of concrete application ofblockchaintechnology in Tax Administrations (TAs), and then formulates some ideas of its possi..
KGRN Audit on 26 May 2021
There is a wide-spread confusion that a chartered accountant just plans out the accounting reports of the association and records tax returns. The responsibilit..
Mahmoud Abuwasel on 19 May 2021
The UAE Federal Supreme Court has issued a judgment on disputes arising from tax private clarifications in April 2021.
The dispute was adjudicated before by ..
