Article (7) - Supply in Special Cases
As an exception to what is stated in Articles (5) and (6) of this Decree-Law, the following shall not be considered a supply:
1. The sale or issuance of any Voucher unless the received Consideration exceeds its advertised monetary value, as specified in the Executive Regulation of this Decree-Law.
2. The transfer of whole or an independent part of a Business from a Person to a Taxable Person for the purposes of continuing the Business that was transferred.
GCC FinTax is a community for Tax and Finance professionals from GCC to share knowledge, learn and network.
