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VAT was introduced in Egypt with effect from 8 September 2016, replacing sales tax, its previous indirect tax regime. The new tax law is part of an economic reform programme package aimed at reducing the country's budget deficit and is expected to increase tax revenue by around EGP 30 billion. In...
The BDO UK Capital Markets team have produced a 6 monthly survey analysing the performance of AIM and AIM listed companies.
As reported in the previous issue of Indirect Tax News, VAT will be introduced in the Member States of the Gulf Cooperation Council (GCC).
It was recently announced that VAT is being implemented in the United Arab Emirates from 1 January 2018. The rate will be 5%. Healthcare, education and some basic food items will be exempt.
This newsletter informs readers about issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the over the world provides first-hand information on recent developmentsin legislation, jurisdiction and tax authorities opinions and directives.