China announces tax cuts in move to support economy
The country’s cabinet announced new measures towards cost cutting for companies during an escalating trade dispute...
Tag : VAT
Why is a ‘Value Added Tax’ so important to the UAE?
Experts say, instituting a value added tax in the UAE will drive its revenue expanse in a few short years. Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...
Technology revolutionising tax collection in Europe
The furore over data protection has reached an all-time high. While the world chastises Silicon Valley for altering reality on the basis of social media behaviour, Europe is increasingly intrigued by the use of technology for tax collection. Nicholas Hallam, CEO of Accordance – a specialist firm in cross-border VAT, talks about how real-time VAT...
Relief under GST will be for future residential projects
Developers in the process of evaluating the per unit benefit arising on account of GST implementation...
Why is a ‘Value Added Tax’ so important to the UAE?
Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...
Over 50% of businesses uncertain about how much ‘foreign VAT’ they can reclaim
While taxpayers are entitled to recover ‘foreign VAT’ they incur, billions of VAT goes unrecovered...
Saudi Arabia’s growth predicted despite slowdown in January
According to the Bloomberg Monthly GDP analysis, there is potential for growth in the non-oil sectors in 2018—better than levels seen in the last two years...
VAT complexities in the Middle East tackled by Tally Solutions
VAT has arrived in the UAE and so has Tally Solutions’ Tally.ERP9 Release 6, which offers a seamless experience for businesses and consultants. Vikas Panchal, business head of Tally Solutions, Middle East explains Tally's latest offering...
VAT impacts select sectors in the UAE, say expert panelists
The VAT system largely affects construction, real estate and export sectors, however, small enterprises continue to struggle with its implementation...
Brazil to reform tax structure to boost growth
Seeks to emulate India and China, which have both simplified their GST/VAT regime...