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VAT in United Arab Emirates, Saudi Arabia and Bahrain electrónico transitional rules Roberto Scalia

By: Scalia, Roberto.
Material type: ArticleArticlePublisher: 2019Subject(s): IMPUESTO SOBRE EL VALOR AÑADIDO | EMIRATOS ÁRABES UNIDOS | ARABIA SAUDI | BARÉIN In: International VAT Monitor v. 30, n. 1, January/February 2019, p. 22-29Summary: VAT was introduced in the United Arab Emirates and Saudi Arabia on 1 January 2018, implementing the GCC VAT Unified Agreement. Bahrain introduced VAT on 1 January 2019. In this article, the author describes the transitional rules applicable to existing business contracts at the time of implementation of a new VAT system in those countries, based on the general provision concerning transitional rules under the GCC VAT Agreement.
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Disponible únicamente en formato electrónico en la Biblioteca del IEF.

Resumen.

VAT was introduced in the United Arab Emirates and Saudi Arabia on 1 January 2018, implementing the GCC VAT Unified Agreement. Bahrain introduced VAT on 1 January 2019. In this article, the author describes the transitional rules applicable to existing business contracts at the time of implementation of a new VAT system in those countries, based on the general provision concerning transitional rules under the GCC VAT Agreement.

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