…. update ! Attached the draft budget legislation for 2018. Section three of the budget, outlines the proposed tax amendments in certain tax laws and regulations. Continuous shifts in tax laws and the fiscal platform initiates controversy about companies’ complying to tax laws and rules !!! الفصل الثالث – التعديلات الضريبية – مشروع موازنة 2018 […]
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Information circular dated Dec 19, 2017, by the Ministry of Finance, as to the mandatory registration of entities within the VAT directorate upon those entities engagement in import or export transaction post Nov 7, 2017. Please find the circular attached. MoF MoF
Law 64, published in the official gazette on the 26th of October, 2017, noted an amendment to the Corporate Tax rate from 15% to 17%. Minister of Finance (MOF) signed publication # 4859 (attached), dated 14/11/2017, outlines, at macro level the directions of the ministry as to the application of the aforesaid law, in two […]