The Authority urged businesses registered for VAT and Excise Tax purposes to fully comply with tax laws to avoid administrative penalties, noting that not displaying tax-inclusive
prices carries a AED15,000 fine for each tax.
The authority urged businesses registered for VAT and Excise Tax purposes to fully comply with tax laws in order to avoid administrative penalties, noting that not displaying tax-inclusive
prices carries a Dh15,000 ($4,083) fine for each tax.
Summary: FTA says not displaying tax-inclusive
prices carries Dh15,000 fine
The authors use data from millions of these tax "surprises" to estimate demand elasticities with respect to tax-inclusive
prices, as well as to track "substitution patterns" of consumers after they learn about the total cost of an item.
LEADING low cost airline Monarch is to introduce tax-inclusive
pricing for all its flights, in a move that will see the airline promote fares, inclusive of all taxes and charges on its website, www.
Would-be travellers are being encouraged to buy tax-inclusive
tickets, which are expected to be snapped up within hours, reports news.
Our estimation results generally indicate full shifting of gasoline taxes to the final consumer, with changes in gasoline taxes fully reflected in the tax-inclusive
gasoline price almost instantly.
Part IV discusses issues arising from discrepancies between the tax-inclusive
estate tax and the tax-exclusive gift tax, the need for special rules for annuity and life insurance contracts, the need for the so-called "string" provisions of Secs.
TOKYO - Some 60% of supermarkets saw their sales decline following the April 1 introduction of a new regulation on tax-inclusive
pricing, an industry body said Monday.