Month: December 2018

DLO’S Tax Newsletter

DLO’S Tax Newsletter Issue 95 November 2018 Inside this Issue Tax Law Update 1. Extending the duration of the current reduction of the Value Added Tax (VAT) rate. Tax News 1. Tax measures to support the auction of land with buildings and condominiums for residential use in the welfare state project of the Legal Execution Department. 2. Improvement of tax measures on Headquarters. 3. Information exchange on international requests and international automatic data exchange. Interesting Deka Dika               (Supreme Court Judgment) No. 1577/2561, in re: Between Aor L.P.                Plaintiff Revenue Department        Defendant Issue :            Did the juristic person need to register for specific business tax? Tax Law Update 1. Extending the duration of the current reduction of the VAT rate. […]

DLO’S Tax Newsletter Issue 94 October 2018 Inside this Issue Tax Law Update 1. Discarding the need to use a copy of ID card and house registration for the implementation of the Revenue Code and other laws that are within the authority and function of the Revenue Department. 2. Rules and procedures to use the Tax Single Sign On service system. 3. Deputation Rules to refund Value Added Tax (VAT) for Tourists. 4. The use of the accrual basis to calculate the income and expenses of a company or juristic partnership with respect to leasing a property 5. Income Tax exemption criteria for investors subscribing to shares or investing in the establishment of or in the increase in registered share capital of a company or juristic partnership (provided it falls under a new start-up target industry). 6. Income Tax exemption […]