We would like to bring you the latest issue of the ICL Tax & legal Update Newsletter in December 2023, which some key points as follows:
Operational updates
1. Official Letter 1196/TCT-PC guiding on handling late payment of VAT submission.
2. Official Letter 4666/TCT-CS providing guidance related to the determination of taxable rates for foreign contractors ("FC").
3. Official Letter 4602/TCT-TS guiding the obligation to declare and submit CIT for intra-group restructuring activities.
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