Tanvi on 14 March 2022
UAEsFederal Tax Authority (FTA) has issued a user guide on Voluntary Disclosure (VD) for VAT and Excise Tax.This replaces the earlier version issued by FTA in J..
Tanvi on 02 March 2022
The word tax haven has been acknowledged by people since 1950s. However, there is still no clear definition to it. It is generally used for an independent juris..
Tanvi on 16 May 2021
Tips for Internal Audit process
Let us discuss about top tips for the internal auditing part of your management system. Weve got a couple of top tips so the ..
Tanvi on 13 October 2020
On Monday 12 October 2020, His Majesty, the Sultan of Oman, Sultan Haitham bin Tariq bin Taimur, issued Royal Decree No.121/2020 in relation to implementation o..
Tanvi on 15 September 2020
Royal decree, No. 118/2020, has been issued in Oman which amends few provisions of the Income Tax Law.
Article (1) states that the amendments attached in thi..
Tanvi on 25 July 2020
Oman is on the verge of becoming the 4th Gulf Cooperation Council member to adopt the Value Added Tax (VAT) system. The Omans Majlis Ashshura Council on 21st Ju..
Tanvi on 14 July 2020
The UAE Cabinet decision no. (40M/4W) of 2020 has replaced the previous decision on Country by Country (CbC) reporting no. 32 of 2019. The CbC reporting is a pa..
Tanvi on 06 July 2020
The General Authority for Zakat and Tax (GAZT) in Saudi Arabia has stated the governments intention to pay on behalf of its citizens Value Added Tax (VAT) dues ..
Tanvi on 04 July 2020
The Oman tax authority has announced that the Sultanate will impose 50% tax on sweetened beverages in October of this year. Sultan Al-Habsi, Chairman of the Tax..
