GTA hosts capital gains valuation workshop
The General Authority of Taxes organized a specialized workshop on the valuation of capital gains tax, aimed at clarifying the requirements and procedures related to tax collection, and enhancing taxpayers' awareness of valuation methodologies and relevant legislative principles. The workshop reviewed the tax law, calculation methodology, and tax rates, along with an explanation of the International Financial Reporting Standard (IFRS 13), as part of its efforts to improve compliance and tax transparency.
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