Contribution by Mohamed

VAT on delayed payment fee
VAT on delayed payment fee
Mohamed on 12 February 2020
We are a consulting firm and whenever our client delays in payment of our fee, we charge a delay payment fee/ interest. Is VAT supposed to be charged on this am..
FTA releases clarification P017 regarding time frame for recovering input tax
UAE
FTA releases clarification P017 regarding time frame for recovering input tax
Mohamed on 31 January 2020
UAEs FTA has released Public clarification P017 regarding time frame for recovering input tax Read full clarification here ..
Oman expected to implement VAT in 2021
Oman
Oman expected to implement VAT in 2021
Mohamed on 24 January 2020
Oman likely to impose Value Added Tax (VAT) from early next year as per Ali bin Masoud Al Sunaidy, Minister of Commerce and Industry in Oman. Read more at ht..
New Saudi tax on sugary drinks set to have 'limited impact'
KSA
New Saudi tax on sugary drinks set to have 'limited impact'
Mohamed on 20 January 2020
The imposition of 50 percent excise tax on sugary drinks will only have a short-term impact on the supply chain including manufacturers, wholesalers, retailers ..
Definition of Water Pipe Tobacco for Excise tax
UAE
Definition of Water Pipe Tobacco for Excise tax
mohamed on 26 November 2019
Whats the definition of Water Pipe Tobacco for Excise tax? ..
Exhibitors Supplier's Licence Request Form to grant the right to occupy space
UAE
Exhibitors Supplier's Licence Request Form to grant the right to occupy space
mohamed on 18 November 2019
Exhibitors Suppliers Licence Request Form to grant the right to occupy space ..
 FTA updates Refund Guide for Business Visitors to include Korea
UAE
FTA updates Refund Guide for Business Visitors to include Korea
mohamed on 29 October 2019
UAEs Federal Tax Authority (FTA) has updated its Refund Guide for Business Visitors ( VATGRB1) for VAT to include Korea into the list of countries whichare elig..
 New Business entity in Current VAT Group
UAE
New Business entity in Current VAT Group
mohamed on 03 October 2019
I have supplied some services in FY 2017 and received consideration during FY 2019. Please let me know if VAT should be paid on this amount? ..
Tax Group Registration Eligibility
UAE
Tax Group Registration Eligibility
mohamed on 17 September 2019
How to check if I am eligible to register as a Tax Group? ..
Duty Free DTS Marker
UAE
Duty Free DTS Marker
mohamed on 12 September 2019
Can anyone please clarify what is the difference between duty free DTS Maker Red and Green? ..

Gcc

Submit Q&A
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