Each Friday we publish a tax question from one of our site visitors who arrive from more than 190 countries and territories around the globe. This week we have an interesting question for our tax professional members with international experience.
“We are a trading company located in Bahrain. Most of our purchases are from UAE and payments via Telex Transfer. After implementation of TAX in UAE, suppliers are adding 5% Tax in our invoice and we are forced to include this amount in TT.
We cannot charge this money to our customers because we are not in UAE. Are we considered as the end user in UAE TAX LAW? Is there is any chance of exemption?”
Please provide your comments below to the CEO who seeks the help of our tax professional members. We greatly appreciate your insight.
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