Value Added Tax (VAT) in the GCC | Insights by Industry | Volume 2
To help businesses understand the VAT impact in the Gulf and the operation under VAT, Deloitte Middle East has been issuing a number of short papers designed to provide a greater understanding of the impacts of VAT on specific industry types in the Gulf.
This is the second volume of the whitepaper series “VAT in the GCC – Insights by industry” covering a new range of industries and VAT issues.
The whitepaper series also includes an analysis of the likely future state in the Gulf following this change. The paper will enable businesses to understand what needs to be done post-VAT introduction in the GCC and the potential effects of the tax on their day to day activities. In this light, volume 2 covers the following issues and industries:
- VAT impact on the real estate and construction industry in the Gulf
The property development and construction industry in the GCC – building with VAT in mind
- VAT impact on the tourism industry in the Gulf
VAT and the tourism industry in the GCC – a complex formula
- VAT impact on the oil and gas industry in the Gulf
Extracting VAT from the oil and gas supply chain in the GCC – who will bear the burden?
- Structure of a VAT function
A European benchmark to guide GCC businesses through VAT
- VAT technology
Technology considerations – planning for VAT through technology in the GCC