Do tax changes force clients to think about reporting and consequences? - Nirav Dinesh Kumar Shah

Nirav Dinesh Kumar Shah, Director at FAME Advisory discussed whether tax changes force clients to think about reporting and consequences.

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1. Do tax changes force clients to think about reporting and consequences?

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1. Do tax changes force clients to think about reporting and consequences?

Like we discussed at the panel, tax changes are forcing clients to be aware of the compliance requirements, and therefore, reporting is the most important part of it. Unlike other countries, GCC, most of the tax violations has criminal consequences, and therefore, one needs to be very, very clear of what are the reporting and compliance obligations here. And yes, it is forcing clients to look at it in that way.

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