Transfer Pricing
When we hear transfer pricing, all we can think of is the cumbersome paperwork and the tedious computation.
When we hear transfer pricing, all we can think of is the cumbersome paperwork and the tedious computation.
Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency (California Franchise Tax Board, for example) containing information used to calculate income tax or other taxes.
In today's fast-paced business environment, VAT compliance isn’t just another checkbox—it’s a strategic element.
To diversify its economy away from reliance on oil revenues, the United Arab Emirates (UAE) introduced Value Added Tax (VAT) on January 1, 2018.
For the derivation of Taxable Income under UAE Corporate Tax Law businesses must follow rules defined under Article 20(2) of the CT law. The starting point for Taxable Income computation shall be the accounting income, i.e. the Net Profit or Loss based on Financial Statement prepared in accordance with IFRS.