We would like to bring you the latest issue of ICL Tax & legal Update Newsletter in October 2023, which covers a wide range of guidance on E-Invoice, CIT, VAT and related matters.
Operational updates
- Note when preparing invoices for returning goods and calculating discounts for goods that comply with the 8% rate.
- Input invoices are subject to VAT reduction but the seller does not comply;
- It is allowed to issue adjusted invoices at the tax rate of 8% if the reduction has not been calculated;
- Extension of land rent paymnet dealine in 2023;
- 30% reduction in land rent in 2023.
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