KPMG in the UAE provides a range of strategies aimed at both the global and regional levels, including advice on cost control through improved administrative efficiency and compliance, as well as dispute resolution. We advise on the indirect tax consequences of entering new markets and undertaking corporate transactions such as global restructuring, mergers and acquisitions.
Jyothi Kasi
Partner Tax
jkasi@kpmg.com
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Key assignments KPMG's Tax team has undertaken recently:
- Indirect tax advisory services offered to a wide variety of clients specifically in relation to the Gulf Cooperation Council (GCC) common customs law and its application.
The sale of shares between EU-based companies is a VAT exempt supply. Input VAT incurred on advisers’ costs in respect of such a sale is irrecoverable. However, through the use of VAT grouping and the Transfer of Going Concern (TOGC) provisions, it may be possible to optimise the recovery of input VAT incurred.
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