Friday 21 July 2017
 
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tax

Saudi Arabia seeks feedback on VAT Implementing Regulations

Saudi Arabia's General Authority of Zakat and Tax (GAZT) has launched a public consultation on the  draft Implementing Regulations for the proposed value-added tax (VAT) in the kingdom. The public consultation is to invit

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Tax overhaul 'reshaping India logistics sector'

The shift to a unified national tax has set off a wave of change in India’s notoriously inefficient logistics sector as companies alter the way they store, move and account for goods, according to the Agility Mid-Year Emerging Markets Revi

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GCC businesses not yet ready for VAT, says survey

With less than six months to go before the GCC implements value added tax (VAT), a new survey from ACCA (the Association of Chartered Certified Accountants) and Thomson Reuters has found that there is a significant lack of preparation and awar

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Majority of GCC businesses 'well-informed on VAT'

Nearly 60 per cent of GCC businesses feel very well informed about the introduction of Value Added Tax (VAT) in January 2018, according to a Deloitte survey. Deloitte has been conducting regular pulse surveys about how businesses

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Saudi Arabia launches public consultation on VAT law

Saudi Arabia’s General Authority for Zakat and Tax (GAZT) has launched a public consultation of the draft law governing value added tax (VAT), which is being introduced in the kingdom from January 1, 2018. The launch of the

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Saudi Arabia to impose special tax on tobacco, sugary drinks

Saudi Arabia will impose a special tax on tobacco and sugary drinks on June 10, as part of a series of steps towards closing a budget deficit caused by low oil prices, said a report. Officials have said they expect to raise betwee

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UAE VAT registrations to begin in Q3

The UAE Federal Tax Authority (FTA) will open registration of businesses for VAT (value added tax) with taxable income exceeding the yearly threshold in the third quarter of 2017,  a Ministry of Finance statement said. Regist

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GCC unified VAT accord come into effect

The Gulf Cooperation Council (GCC) unified selective excise tax and the unified value added tax (VAT) agreements, have come into effect after ratification by the UAE. The General Secretariat of the GCC has received the UAE's r

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Al Tamimi & Company launches tax practice

Al Tamimi & Company, a leading law firm in the Middle East, has established a dedicated tax practice covering the Middle East with the appointment of Shiraz Khan, senior tax advisor.   The global tax landscap

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Al Tamimi & Company launches tax practice

Al Tamimi & Company, a leading law firm in the Middle East, has established a dedicated tax practice covering the Middle East with the appointment of Shiraz Khan, senior tax advisor.   The global tax landscap

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