Sunday 22 January 2017
 
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VAT

VAT ‘is vital for Saudi Arabia’s economic reform’

KPMG Al Fozan & Partners held an awareness media roundtable on the value-added tax the Saudi government intends to introduce next year. The tax system is part of the government’s efforts for economic reform and restructuring.

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GCC businesses 'must focus on VAT preparations'

With only a year to go for the planned date of implementation of the value-added tax (VAT), businesses operating in GCC countries need to urgently start focusing on getting ready. To help businesses in the GCC understand the poten

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GCC firms 'must weigh VAT impact now’

With the possible introduction of VAT by 2018 in GCC region, it is a critical time for organizations across the region to take into account the impacts and other changes that will accompany this introduction, an industry expert said.

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Nortal, Estonia sign deal for financial best practices

Nortal, a multinational strategic change and technology company, and the Ministry of Finance of Estonia signed a cooperation agreement to introduce and implement Estonian tax collection and public finance management best practices in the GCC reg

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EU plans new VAT rules to boost online business

The European Commission proposes to improve the Value Added Tax (VAT) environment for e-commerce businesses , which will allow consumers and companies, in particular start-ups and SMEs, to buy and sell goods and services more easily online.

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Banks 'must now evaluate VAT implications'

Banks and other financial service providers in Qatar will need to think carefully about their procurement processes, operating models and systems to prepare for the upcoming introduction of Value-Added Tax (VAT) according to KPMG’s global

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Mastercard, dnata unveil VAT Reclaim Service for SMEs

Mastercard, a leading technology company in the global payments industry, and air services provider dnata have teamed up to launch a VAT Reclaim Service for Mastercard Platinum BusinessCard and World Mastercard for Business cardholders.

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UAE’s first VAT app unveiled at Gitex

Dubai-headquartered regional law firm BSA Ahmad Bin Hezeem & Associates has launched UAE’s first app to address queries related to value added tax under one platform. The VAT’s App was launched at the Gitex 2016, w

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UAE’s first VAT app unveiled at Gitex

Dubai-headquartered regional law firm BSA Ahmad Bin Hezeem & Associates has launched UAE’s first app to address queries related to value added tax under one platform. The VAT’s App was launched at the Gitex 2016, w

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VAT ‘could be an uphill battle for GCC businesses’

The introduction of a VAT system in GCC states could be an uphill battle for the businesses to comply with, said an industry expert. “This indirect tax system is new to the region, although it has been widely used by a numbe

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