Low-income Bahrainis earning less than BD600 a month could be exempted from value added tax (VAT) if Parliament approves a proposal set for debate on Tuesday ...Article 1 provides for the VAT exemption for eligible Bahrainis.
During the Nineteenth OrdinarySession of the FourthAnnual Meeting of the Sixth Legislative Chapter, MPs will take up a draft law seeking to exempt low-income Bahraini citizens from value-added tax (VAT).
The GhanaUnion of TradersAssociation (GUTA) has urged the government to restore the 4% flat Value Added Tax (VAT) rate, arguing that a simplified system would improve compliance, particularly among traders in the informal sector.
It said non-registered traders will still pay VAT on purchases but cannot claim input tax, while registered traders reclaim input VAT and charge output VAT – resulting in similar final prices for consumers.
Nigeria is tightening compliance on value-added tax (VAT) and withholding tax (WHT) by shifting from retrospective audits to real-time reporting. read more Nigeria tightens VAT, WTH compliance with real-time reporting ....
It said non-registered traders will still pay VAT on purchases but cannot claim input tax, while registered traders reclaim input VAT and charge output VAT, resulting in similar final prices for consumers.
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However, the claims made in the Association’s statement reflect a fundamental misunderstanding of how the new VAT system operates," the authority stated ...The new standard VAT regime, while ...
Dentons Lee has secured a complete victory in an appellate dispute concerning an assigned claim for a VAT refund ...Office and confirming key practical principles on the assignment of VAT refund claims.
VAT, trusted by the world's top manufacturers, provides mission-critical vacuum solutions that drive innovation ... VAT Group AG published this content on ...
In a poll, the Swiss people have come out against an increase in value-added tax (VAT) in favour of the army or the 13th month of old-age pension (AHV/AVS) ... An increase in VAT is also being considered ...
To deepen activity on the stock market, the government extended incentives including VAT exemptions on financial services for mutual funds and unit trusts that invest in equities ... VAT Treatment of Capital Market Services.