What is VAT ? Value Added Tax (VAT) is a broad-based tax assessed on the value added to nearly all goods and services. VAT is paid and collected at every stage of the supply chain. VAT in GCC ? Following the signing of the Gulf Cooperation Council (GCC) VAT Framework Treaty, the United Arab Emirates […]

Abstract Forensic accounting is a stream of accounting, which solemnly remains as a brand new among a great part of the population of India, which gives rise to the research problem. This creates great disorientation among the public, and the system may even remain unknown among many. Therefore, the significance of the service is neglected. […]

Oman has started gearing up for VAT implementation. The Sultanate has got enough experience from the implementation of VAT in other GCC countries and around the world and it is well prepared and equipped for its implementation. Oman Tax Authority has already published a guide that provides clarity on when a Business should obtain VAT […]