When a business is sold as a going concern (TOGC) it may be outside the scope of VAT under certain conditions.
In Saudi Arabia, a TOGC is treated as outside the scope of VAT where the following conditions are met:
- Ìý
•ÌýÌýÌýÌý The goods and services transferred must be capable of being operated as an economic activity
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Web page updated on 24 Aug 2024 13:21