The GCC FinTax Team on 26 April 2020
A recharge happens when there are three entities involved. For example, Entity B incurs costs charged by Entity A which are then recharged by Entity B to Entity..
The GCC FinTax Team on 14 January 2020
In UAE, e-commerce (electronic sales and purchases) is subject to the standard 5 percent value added tax (VAT). As a transitional provision, all goods coming fr..
The GCC FinTax Team on 14 January 2020
E-commerce is expected to significantly bolster government revenues from value-added tax (VAT) in the UAE, data on fast-growing online sales indicate. The UAE i..
The GCC FinTax Team on 13 January 2020
FTA has recently issued e- learning video on Input tax deductions and apportionment of input tax . It covers the following topics:
Input Recovery
Specif..
The GCC FinTax Team on 06 January 2020
Disclaimer : Content posted is for informational knowledge sharing purposes only, and is not intended to be a substitute for professional advice relate..
The GCC FinTax Team on 31 December 2019
Disclaimer : Content posted is for informational knowledge sharing purposes only, and is not intended to be a substitute for professional advice relate..
The GCC FinTax Team on 30 December 2019
Disclaimer : Content posted is for informational knowledge sharing purposes only, and is not intended to be a substitute for professional advice relate..
The GCC FinTax Team on 28 December 2019
Disclaimer : Content posted is for informational knowledge sharing purposes only, and is not intended to be a substitute for professional advice relate..
The GCC FinTax Team on 18 December 2019
The online delivery concepts are fairly new and the tax authorities across the globe are increasingly finding it challenging to tax them. Because of different b..
The GCC FinTax Team on 18 December 2019
Value Added Tax (VAT) was introduced in the UAE from January 1, 2018. If you are new to the UAE and unaware about the type of tax it is, how you would get affec..
