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Value added tax (VAT) is not just a simple consumption or business tax which is passed on to the ultimate consumer of goods or services. It does not involve merely output and input taxes. VAT is one of the most comprehensive and complex topics in taxation for which taxpayers should be aware of to avoid deficiency assessments or unfavourable results such as disallowance of input VAT claims.
Hence, we invite you to take part in our tax webinar entitled “There’s more to VAT: A webinar on VAT refund, assessment & case laws” this coming 27 November 2020 (Friday) from 3.00 to 4.30pm.
In this webinar, we will discuss the types of VAT refund, the relevant prescriptive periods, the refund and assessment process, the usual VAT audit issues, as well as case laws and doctrines on identified VAT issues.