Seemingly, the objective of the law, which is to provide easier means of paying taxes, has not been met. The good thing is, under RMC 65-2024, availing of the benefit of claiming output VAT credit is ...

Are you aware of the transformative changes occurring in the UK accounting industry? At the forefront of this transformation ...

Potential fraud such as the “missing trader” scheme, identify-theft tax evasion or claiming input VAT for non-qualifying expenses are probed. To address economic pressures, the government is ...

The passage of the Ease of Paying Taxes (EoPT) Act, or Republic Act No. 11976, sparked hope among taxpayers, who envisioned a smoother journey in navigating tax-related complexities. The Bureau of ...

THE Court of Tax Appeals (CTA) has denied Melco Resorts Leisure Corp.’s P898-million refund claim in excess input value-added tax (VAT) for the fourth quarter of 2014 up to the second quarter of 2015.

Short but sweet, this list provides the information youll need to file your value added tax return in the UAE, with confidence. The recently implemented value added tax (VAT) will undoubtedly change ...

Value Added Tax (VAT) has been implemented in in the Kingdom of Bahrain from 1 January 2019. This tax regime differs from corresponding legislation in UAE and Saudi Arabia in some key areas. In ...