- VAT is excluded from the gross revenue of professional sports events and competitions.
- The net revenue is calculated by deducting specified expenses from the gross revenue.
- Seven percent of the net revenue from ticket sales by sports clubs and sports joint-stock companies is allocated as a revenue share to provincial directorates.
- Seven percent of revenue from sales such as boxes, season tickets, and packages is also allocated as a revenue share to provincial directorates.
Source: alomaliye.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
