agent- and region-specific details of entities registered for GST, multiproduct detail as it relates to the capacity of agents to reclaim GST paid on inputs, informal economic activity, the low value import threshold, transaction-specific compliance rates, and taxation of on-shore purchases by non...
Our goal is to act as a “top-up” solution to supplement the Custodians’ withholding tax services. We have partnered with a specialist Withholding Tax recovery firm that utilises proprietary software to assess the potentially unclaimed Withholding Tax, and who then will file the reclaims to th...
I have just moved permanently to Australia. Do I have to pay tax on the money that I have brought with me? + No. You only have to pay tax on earnings you make whilst in Australia. Should you choose to invest the money you brought with you into a bank account or investment, then y...
New York has a terrible state tax system, so that makes it harder for my Yankees to reclaim their rightful spot as world champions. But this isn’t about my personal preferences. It’s simply more evidence that high tax rates are bad news. Bad news for pro athletes. But also bad news...
The deadlines for submitting tax reclaims to Clearstream Banking1, before the statutory market deadline, are as set out in the following table: a. The actual deadline falls on the last business day before the stated Clearstream Banking deadline.Note: If the client intends to bring 500 rec...
Even if you have no VAT to pay or reclaim, you need to file your returns on time. You will need to report two types of VAT: the amount you charged to your customers (output VAT) and the amount of VAT you paid to your suppliers (input VAT). You will also need to deduct the VAT...
Generally speaking, without going to country specific details, but as a general rule, of course, you have the reclaimant risk. So, defining is reclaimed, plus interest to be paid. Of course, you have a reputational risk. And what is also important is that if you show a strong ...
76 Eligible museums can reclaim VAT incurred in relation to free rights of admission. The scheme does not form part of the general VAT system, but certain rules in UK VAT legislation apply to it. 7 Conclusion As social enterprises vary widely in activities and scope, it is understandable ...
Submitting a VAT return is the key to ensuring compliance. Even if you have no VAT to pay or reclaim, you need to file your returns on time. You will need to report two types of VAT: the amount you charged to your customers (output VAT) and the amount of VAT you paid to your sup...
although it is clear that the VAT exemption of financial services (and the inability to reclaim VAT on costs as a consequence) is making at least some contribution." Looking at the Asia Pacific and in Singapore in particular, the treatment is to exempt financial services from GST in Singapore...