Gcc Vat International Services PDF Download
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Author | : H.R. Hull |
Publisher | : |
Total Pages | : |
Release | : 2018 |
Genre | : |
ISBN | : |
Download GCC VAT : International Services Book in PDF, ePub and Kindle
In this article, the authors focus on the international supply of services in the Gulf Cooperation Council (GCC) member states. This includes the place-of-supply rules and the VAT treatment of inbound services into GCC markets, outbound services from GCC markets and intra-GCC services. In order to address these subjects, the authors rely significantly on the GCC VAT Agreement. The authors also explore how Saudi Arabia and the United Arab Emirates have addressed the VAT treatment of the international supply of services within their legislation, executive regulations and administrative practice.
Author | : ZAHID FAROOQ |
Publisher | : ZAHID FAROOQ |
Total Pages | : 347 |
Release | : 2021-08-29 |
Genre | : Business & Economics |
ISBN | : 9692362701 |
Download GCC VAT Compliance (Basic) Book in PDF, ePub and Kindle
This is a comprehensive book that focuses on the explanation of VAT, classification and description of supply of taxable and non-taxable goods or services, registration method and key documents and each element is cross-referenced with the Oman VAT Law and Executive Regulations. This book also includes practical Case Studies which explains the VAT transactions in detail. Furthermore, each chapter and topic include a specific Compliance Focus segment that summarizes the main points for easier understanding. Moving forward, tax treatments according to the industries are also explained in this book. The formulas to calculate the complex VAT values are also provided in the relevant chapters.
Author | : H.R. Hull |
Publisher | : |
Total Pages | : |
Release | : 2018 |
Genre | : |
ISBN | : |
Download GCC VAT - International Goods Book in PDF, ePub and Kindle
In this article, the authors focus on the international supply of goods in GCC member states. This includes the VAT treatment of the import of goods into GCC markets, the export of goods from GCC markets, as well as intra-GCC supplies. In order to address these subjects, the authors rely significantly on the GCC VAT Agreement, the GCC Customs Union Law and implementing rules. The authors also explore how Saudi Arabia and the United Arab Emirates have addressed the VAT treatment of the international supply of goods within their legislation, executive regulations and administrative practice.
Author | : Павел Герасимов |
Publisher | : Litres |
Total Pages | : 119 |
Release | : 2023-07-19 |
Genre | : Business & Economics |
ISBN | : 5045629271 |
Download Ultimate guide on GCC Taxation Book in PDF, ePub and Kindle
About the author:Pavel I. Gerasimov is an Honoured lawyer of the Russian Federation, PhD, the expert in the international, civil, criminal, tax and immigration law, the founder of the crypto law in Russia.– Graduate of the Law Faculty of the Peoples' Friendship University of Russia, Fairleigh Dickinson University (USA), University of Pennsylvania Carey Law School (USA).– Has attorney license in the Russian Federation, Ukraine, Canada and UAE.– The expert of the International Civil Aviation Organization (ICAO).– Defended the rights of victims in air crashes (Tu-154 in Sochi, A-321 in Egypt, SSJ-100 at Moscow Sheremetyevo Airport, Boeing-737 Max in Addis Ababa, Boeing-737 in Rostov).– Vice-President of the Union of Lawyers of Russia.– The Arabic writer, the author of a number books and publications, published in more than 40 countries.– Compensation for the clients – more than 4 000 000 000 USD.– Included in the Legal 500 list, which is a ranking of a leading private practice lawyers of the World.В формате PDF A4 сохранен издательский макет книги.
Author | : Richard Thompson Ainsworth |
Publisher | : |
Total Pages | : 31 |
Release | : 2019 |
Genre | : |
ISBN | : |
Download GCC VAT Book in PDF, ePub and Kindle
It seems reasonably clear that by January 1, 2018 events will be set in motion for the adoption of a community-wide 5% value added tax (VAT) in the six Member States of the Gulf Cooperation Council (GCC). The GCC's Framework VAT document is expected to be published by the end of October 2016. One of the clearest, consistently placed observations is that the Arabian VATs will be destination-based and modeled on a European credit-invoice design. Intra-Gulf business-to-business (B2B) transactions will be effectively zero-rated by the supplier, and the buyer's VAT will be directed to the destination jurisdiction. It is not clear if the mechanism directing this deposit to the destination jurisdiction will be through customs agents, a buyer's reverse charge procedure as in the EU, or a seller's remission of VAT directly (or indirectly) to the foreign treasury through a one-stop-shop. The lack of clarity on this final element does not detract from the “true ring” of the other observations. This paper drills down to the next level. How (exactly) will (or should) the Arabian VATs intra-Gulf zero-rating in goods be implemented? Will the same mechanism be used for intra-Gulf and extra-Gulf tradable services? There is neither public commentary, nor private statements on the issues raised by this implementation question, but the warning flags are up. The procedures adopted by the EU to implement its zero rating/reverse charge mechanism have been the core structural problem underpinning the EU's struggle with MTIC and MTEC frauds. Will the GCC follow suit, or have they found another/better way? There are indications that the GCC may just have found a better way forward, and it will be implemented. There are two traditional approaches to crafting statute that will put in place a zero rate regime for cross-border transactions within a community - (a) the customs-controlled approach, and (b) two accounting-controlled approaches (a reverse charge or a one-stop-shop). Currently there is (c) a technology-controlled (real-time) implementation for each of these regimes. This paper contends that the Arabian VATs will benefit from history, and they are ideally positioned to show the VAT community how to use real-time technology to solve some of its most difficult cross-border trade problems. A common example will assist throughout this paper.
Author | : Florian Haase |
Publisher | : Oxford University Press |
Total Pages | : 1185 |
Release | : 2023-09-22 |
Genre | : Law |
ISBN | : 0192652346 |
Download The Oxford Handbook of International Tax Law Book in PDF, ePub and Kindle
International Tax Law is at a turning point. Increased tax transparency, the tackling of Base Erosion and Profit Shifting (BEPS), the reconstruction of the network of bilateral tax treaties, the renewed discussion about a fair and efficient allocation of taxing rights between States in a global, digitalized economy, and the bold push for minimum corporate taxation are some expressions of this shift. This new era also demonstrates the increased influence of international standard setters such as the OECD, the UN, and the EU. Each of these developments alone has the potential of being disruptive to the traditional world of international tax law, but together they have the potential to reshape the international tax system. The Oxford Handbook of International Tax Law provides a comprehensive exploration of these key issues which will shape the future of tax law. Divided into eight parts, this handbook traces the history of international tax law from its earliest days until the present, including reflections on the developments that have characterized the last one hundred years. The second section places tax law within the broader international context considering how it relates to public and private international law, as well as corporate, trade, and criminal law. Sections three and four consider key legal principles and issues such as regional tax treaty models, OECD dispute resolution, and transfer pricing versus formulary apportionment. Subsequent analysis places these issues within their European and cross-border contexts providing an assessment of the role of the ECJ, state aid, and cross-border VAT. Section seven broadens the scope of this analysis, asking how trends in recent major economies and regions have helped shape the current outlook. The final section considers emerging issues and the future of international tax law. With over sixty authors from 28 different countries, the Oxford Handbook of International Tax Law is an invaluable resource for scholars, academics, and practitioners alike.
Author | : Ehtisham Ahmad |
Publisher | : Edward Elgar Publishing |
Total Pages | : 353 |
Release | : 2010-01-01 |
Genre | : Political Science |
ISBN | : 1849805822 |
Download Fiscal Reforms in the Middle East Book in PDF, ePub and Kindle
This insightful book focuses on the role of fiscal policy in common markets, especially in the context of the supranational constructs in the Gulf Cooperation Council, comprising Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman. It draws on the experience of the EU and the importance of VAT, and reflects on the other main common market in Central America. Although oil windfalls have opened a window of opportunity for the Gulf States, at the same time they have created numerous problems. In particular, the uncertainty associated with periods of boom and bust in the oil market has made the formulation and implementation of sound fiscal policies a formidable task. In this study, the distinguished authors present the background to current fiscal reforms and address the critical challenges facing the Gulf States including the choice between consumption and saving (or current needs and future requirements); intra-generational equity issues; the pro-cyclicality of fiscal policy; fiscal sustainability and the prudent management of revenues from finite oil reserves. They examine the case for VAT to substantially replace customs duties, a significant source of non-oil revenue which would be lost as a result of free trade agreements between the GCC and key trading partners. They also demonstrate how an agreed design for VAT would assist in furthering economic integration, and enhance trade and exports. If properly sequenced, VAT would have a negligible impact on both inflation and the poor, and would be progressive in relation to the customs duties replaced. This highly topical book will be of great interest to academics specializing in public sector economics and public finance, and to national and international policymakers involved in fiscal reform.
Author | : Collectif |
Publisher | : OECD |
Total Pages | : 116 |
Release | : 2017-04-12 |
Genre | : Business & Economics |
ISBN | : 9264271465 |
Download International VAT/GST Guidelines Book in PDF, ePub and Kindle
Value Added Tax (VAT; also known as Goods and Services Tax, under the acronym GST in a number of OECD countries) has become a major source of revenue for governments around the world. Some 165 countries operated a VAT at the time of the completion of the International VAT/GST Guidelines in 2016, more than twice as many as 25 years before. As VAT continued to spread across the world, international trade in goods and services has also expanded rapidly in an increasingly globalised economy. One consequence of these developments has been the greater interaction between VAT systems, along with growing risks of double taxation and unintended non-taxation in the absence of international VAT co-ordination. The International VAT/GST Guidelines now present a set of internationally agreed standards and recommended approaches to address the issues that arise from the uncoordinated application of national VAT systems in the context of international trade. They focus in particular on trade in services and intangibles, which poses increasingly important challenges for the design and operation of VAT systems worldwide. They notably include the recommended principles and mechanisms to address the challenges for the collection of VAT on cross-border sales of digital products that had been identified in the context of the OECD/G20 Project on Base and Erosion and Profit Shifting (the BEPS Project). These Guidelines were adopted as a Recommendation by the Council of the OECD in September 2016.
Author | : Arthur Cockfield |
Publisher | : Kluwer Law International B.V. |
Total Pages | : 506 |
Release | : 2019-11-07 |
Genre | : Law |
ISBN | : 9041167110 |
Download Taxing Global Digital Commerce Book in PDF, ePub and Kindle
Digital commerce – the use of computer networks to facilitate transactions involving the production, distribution, sale, and delivery of goods and services – has grown from merely streamlining relations between consumer and business to a much more robust phenomenon embracing efficient business processes within a firm and between firms. Inevitably, the related taxation issues have grown as well. This latest edition of the preeminent text on the taxation of digital transactions revises, updates and expands the book’s coverage. It includes a detailed and up-to-date analysis of income tax and VAT developments regarding digital commerce under the OECD and G20 Base Erosion and Profit Shifting (BEPS) reforms. It explores the implications of digital commerce for US state sales and use tax regimes resulting from the 2018 US Supreme Court decision in Wayfair. It discusses cross-border tax in the United States while continuing to focus on tax developments throughout the world. Analysing the practical tax consequences of digital commerce from a multijurisdictional perspective, and using examples to illustrate the application of different taxes to digital commerce transactions, the book offers in-depth treatment of such topics as the following: how tax rules governing cross-border digital commerce are increasingly applied to all cross-border activities; how tax rules and institutional processes have evolved to confront challenges posed by digital commerce; how an emerging ‘tax war’ is developing whereby different countries are unilaterally imposing new tax rules on cross-border digital commerce; how technology enhances tax and cross-border tax information exchanges; how technology reduces both compliance and enforcement costs; cross-border consumption tax issues raised by cloud computing; and different approaches to the legal design of VAT place of taxation rules. The authors offer insightful views on the likely development of new approaches to taxing cross-border digital commerce. This edition, while building on the analysis of the relationship between traditional tax laws and the Internet in the first edition and its predecessors, contains a more explicit and systematic consideration of digital commerce issues and the ongoing policy responses to them. Tax professionals and academics everywhere will welcome the important contribution it makes towards the design of cross-border tax rules that are both conceptually sound and practical in application. ‘A tour de force … much larger and richer than its predecessors … a massive contribution to the growing literature on the taxation of e-commerce.’ – Rita de la Feria, British Tax Review ‘Provides important understandings for ongoing policy discussions … I would warmly recommend.’ – P. Rendahl, World Journal of VAT/GST Law
Author | : Mr.Alan A. Tait |
Publisher | : International Monetary Fund |
Total Pages | : 468 |
Release | : 1988-06-15 |
Genre | : Business & Economics |
ISBN | : 9781557750129 |
Download Value Added Tax Book in PDF, ePub and Kindle
This book, by Alan A. Tait, is an examination of VAT. It looks at problems and theoretical options and potential impacts, as well as detailing the practical aspects of implementing new tax structures. The author advances arguments for and against alternative policies and illustrates his study with international examples from Europe, Latin America, Asia, and the Pacific. He suggests that countries can learn from each other's experiencees with VAT.