Understanding VAT

Jeddah : 5th - 8th November 2017 

Riyadh : 19th - 22th November 2017 

AlKhobar : 12th - 15th November 2017

Gain a thorough understanding of the basic concepts and principles of VAT(Value Added Tax) and how the tax operates both internationally and domestically.

Topics Covered:
  • Fundamentals of Value Added Tax
  • Introduction to value added tax
  • Basic characteristics of taxable supplies – goods and services
  • Taxable persons
  • Taxable amount – VAT rates and exemptions
  • Place of supply – Goods
  • Place of supply – Services
  • Deduction and recovery of input tax
  • Administrative elements of VAT