Oman Guide: Tax disputes in VAT Oman
Tax disputes occur when the taxable person is not satisfied by the decision of the authority. The law provides an opportunity for the taxable person to file an objection...
Continue ReadingTax disputes occur when the taxable person is not satisfied by the decision of the authority. The law provides an opportunity for the taxable person to file an objection...
Continue ReadingPenalties are penalties and imprisonment imposed on a taxable for violation of the Oman VAT law. Without prejudice to any severer penalty stipulated in any other law. What is...
Continue ReadingIn Dubai, while engaging to an auditor for the need of your business, you will hear many auditing terminologies frequently and therefore you need to take a look...
Continue ReadingWhat is the VAT rate in Oman and When will it be effective? Sultan Haitham bin Tariq approved the fact that Oman will introduce VAT by 5% and it...
Continue ReadingWhat is the VAT rate and When will it be effective? Sultan Haitham bin Tariq approved the fact that Oman will introduce VAT by 5% and it will be...
Continue ReadingAll the public limited companies listed in the capital market of Dubai, Abu Dhabi and UAE are instructed to audit their financial statements by any independent external auditors...
Continue ReadingChange management in the corporate world is challenging. Many business mergers and acquisitions fail due to inadequate change management abilities. Change management does not solely belong to mergers only....
Continue ReadingArtificial intelligence is the least adopted concept when it comes to auditing roles. Normally, artificial intelligence (AI) is associated with sci-fi and engineering concepts. Perhaps, it is considered...
Continue ReadingTwo member states of the Gulf Cooperation Council took the initiative to enforce value-added taxation (VAT) from January 01, 2018, and one of the two was the Kingdom of...
Continue ReadingHave you thought about how the auditors express their opinion about a company’s financial position? Auditor’s statement about the company is called Auditor’s opinion. That Auditor opinion needs...
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