If VAT paid on purchases exceeds VAT charged on sales, then resulting VAT credit is carried forward and credited against the VAT due in subsequent tax periods. However, under certain circumstances, a refund of excess VAT paid can also be granted within 30 days of the claim filed by the taxpayer.
The Inland Revenue Authority of Singapore has published an updated e-Tax Guide, Utilising Unabsorbed Capital Allowances, Trade Losses and Donation...
Irish Revenue has issued eBrief No. 026/23 concerning updates to Tax and Duty Manual Part 35D-01-01 - Guidance on the Interest Limitation Rule. Th...
According to an update from the Australian Department of Social Services, negotiations for a social security agreement with Bosnia and Herzegovina...
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