The introduction of VAT in the Gulf Cooperation Council (GCC) member states marks the start of some of the most far-reaching changes in the region since the 1960s. Therefore, this change should not be taken lightly by any business operating in the region. Justin Whitehouse, Middle East indirect tax leader, and Tuulia Nurmi, manager of indirect tax at Deloitte Middle East, discusses how companies can successfully prepare for the tax.
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But businesses should remain flexible when choosing between internal and external resources to handle added ViDA complexity, ITR’s Indirect Tax forum also heard