UAE – FTA publishes standard Turnover Declaration Letter template
Bahrain -NBR announces annual VAT return period for smaller businesses
Oman – VAT expected to be introduced in Oman in 2021
Source Deloitte
From 2020, additional statistical reporting obligations apply to members of a large VAT Group, i.e. one with an annual turnover of at least EUR 15 Million reported in VAT returns. A breakdown of information contained in the VAT Group’s VAT return...
Solidarity for VAT payment This measure (included in the anti-fraud law n°2018-898 of October 23rd, 2018), was amended by the Finance Bill for 2020 (voted on the sly, as it was not provided for in the draft finance bill for 2020). Initially, a...
