The course explores VAT treatments for shares, assets, and TOGC. Participants will learn compliance, input tax recovery, and key considerations like due diligence and tax alignment to manage VAT in business transfers effectively.
Course Module Overview:
VAT Treatment for Transfers:
- Understand VAT implications for transferring shares and assets, including taxable and exempt scenarios.
- Learn about Transfer of Business as a Going Concern (TOGC) and conditions for VAT exemption.
Practical Applications:
- Gain insights through case studies on VAT treatments for business acquisitions, TOGC, and asset transfers.
- Address compliance requirements such as input VAT recovery and reporting obligations.
Key Considerations:
- Explore due diligence, tax alignment, and contractual considerations for ensuring smooth transfers.
- Learn the significance of warranties, indemnities, and novation of contracts in post-acquisition scenarios.
Participants will learn VAT treatments for shares, assets, and TOGC, along with compliance requirements, input tax recovery, and key considerations like due diligence and tax alignment for smooth business transfers.
ABOUT THE TRAINER
CA. Prateek Bothra
Prateek Bothra is a seasoned tax professional with over a decade of experience in direct and indirect taxation. A qualified Chartered Accountant and holder of an ADIT from the CIOT, UK, he leads the tax function at Gulf Islamic Investments (GII). Prateek has expertise in tax compliance, M&A, litigation, and structuring across industries such as banking, real estate, and financial services. He has worked with top firms like KPMG and MMJS Consulting and has conducted over 30 webinars on tax-related topics.
