The Federal Board of Revenue is studying Turkish tax scheme of "Reverse Charge Mechanism" to charge higher rate of Value Added Tax (VAT) from purchases on supply of goods to sellers in the ...
The Ministry of Finance has announced the issuance of Cabinet Decision No. (127) of 2024, expanding the application of the Reverse Charge Mechanism to include precious metals and stones among ...
LONDON (Reuters) - The government will introduce the so-called "reverse charge" on June 1 in an effort to clamp down on VAT fraud that is costing it billions of pounds, a Treasury minister said on ...
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