Can we guide our client for tax avoidance to take tax credit through purchasing the products for their supplier?

Many tax authorities are now imposing penalties including fines and prison time for companies that are seen to aid in tax avoidance. Whilst unlikely to be in the GCC yet, it could be something that is introduced later. VAT avoidance should be avoided but there is no harm in structuring your entities to take advantage of VAT in other ways.

Faqs | 👁 625 | Posted October 21, 2018 | Share on Facebook | Twitter | Google+

| Modified: October 21, 2018 | Author: