Conventional Legal Regulation of Value-Added Taxation by the Member States of the Gulf Cooperation Counci

2021 ◽  
pp. 232-238
Author(s):  
Dmitry G. Bachurin ◽  
Keyword(s):  
Persian Gulf ◽  
Value Added ◽  
Legal Framework ◽  
Legal Regulation ◽  
Gulf Cooperation Council ◽  
Legal Aspects ◽  
Gulf Countries ◽  
The Common ◽  
National Tax ◽  
The Persian Gulf

The article discusses the legal aspects of supranational legal regulation of value added taxation in the Persian Gulf countries. The novelty of the research lies in the comparative aspect of the legal study of supranational law on the value-added tax in the Gulf countries, which allows formulating fundamentally new characteristics and interpretations that extend the theoretical and legal views on the legal mechanism of VAT, and analyzing the key provisions of the legal regulation of VAT of the states that are parties to the Common VAT Agreement. The issues of the Agreement for the countries of the Gulf Cooperation Council, as well as acts of national legislation on this tax, were studied. The analysis of the provisions of the Agreement allows concluding that the tax instrument this Agreement regulates can be classified as a type of neutral legal regulation of value-added taxation. Its peculiarity is that the country for one reason or another introduces VAT into the national tax system with minimal tax rates and continues to keep it at a low level that does not have a restraining effect on the development of its own industry. This is the reference point for the Common VAT Agreement for the countries of the Gulf Cooperation Council. The research shows that the supranational legislation of the Persian Gulf countries covers the most complex and fundamentally significant issues of legal regulation of value-added taxation, which developed taking into account the accumulated world experience in the administration of this tax. Conclusions have been obtained that the main direction of the adopted supranational legislation is the creation of a unified legal framework for the development of a coordinated legal regulation of VAT in each of the six Arab states of the Persian Gulf. The definitions of concepts that are crucial for VAT regulation are given, among which the following can be distinguished: reverse VAT accrual, input tax, deductible tax, net tax, mandatory registration threshold, voluntary registration threshold, and tax group. In the final part of the work, it is concluded that the second regional system of legal regulation of value-added taxation after the European one is being created, which begins its development on the basis of supranational legislation. Within its framework, the states that are parties to the Agreement shall organize administrative cooperation in the following areas: (1) exchange of information necessary for determining tax accuracy; (2) coordination of synchronized audit procedures and participation in audits; (3) assistance in tax collection and adoption of necessary procedures related to VAT collection.

scholarly journals Get Rich or Die Tryin’: Perceived Earnings, Perceived Mortality Rates, and Migration Decisions of Potential Work Migrants from Nepal

2019 ◽  
Vol 34 (1) ◽  
pp. 1-27 ◽  
Author(s):  
Maheshwor Shrestha
Keyword(s):  
Persian Gulf ◽  
Mortality Rates ◽  
Mortality Risks ◽  
Migration Experience ◽  
Randomized Field Experiment ◽  
Gulf Countries ◽  
Migration Decisions ◽  
And Migration ◽  
The Persian Gulf ◽  
Rate Expectation

Abstract This article reports on a randomized field experiment in which potential work migrants from Nepal to Malaysia and the Persian Gulf countries are provided with information on wages and mortality incidences at their intended destinations. It is found that, particularly for the group of potential migrants without prior foreign migration experience, the information changes their expectations of earnings and mortality risks abroad, which further changes their actual migration decisions. Using the exogenous variation in expectations, it is estimated that the elasticity of migration with respect to mortality rate expectation is 0.8, and the elasticity of migration with respect to earnings expectation is 1.1.

Factors Influencing KM Strategic Alignment in the Banking Sector

2010 ◽  
pp. 46-63
Author(s):  
Jafleh Hassan Al-Ammary
Keyword(s):  
Persian Gulf ◽  
Business Strategy ◽  
Banking Sector ◽  
Strategic Alignment ◽  
Holistic Approach ◽  
Business Environment ◽  
Strongly Correlated ◽  
Internal Resources ◽  
Gulf Countries ◽  
The Persian Gulf

In today’s business environment, knowledge is increasingly recognized as the most important and valuable asset in organizations and a key differentiating factor in business. Therefore, many organizations are positioning themselves strategically based on their tangible and intangible internal resources, and their capabilities rather than on their products and services. However, in order for an organization to be successful in the exploitation of knowledge assets to drive competitive advantages, a holistic approach that spans Knowledge Management (KM), business strategy, and organizational and human factors should be used. The aim of this study is to investigate the effect of some factor on KM Strategic Alignment between KM and business strategy in the banking sector at Persian Gulf Countries. The results have indicated factors such as knowledge sharing, trust, openness to change, IT infrastructure and skills, and existence of CKO are strongly correlated to the strategic alignment between KM and business strategy. Thus, managers in the Persian Gulf banking sectors should adopt new rules using flexible organizational culture, reforming and redesigning their organizational structure, and incorporating an advanced information technology in their operations for competitive advantage.

The ‘Hearth of Domestication’? Transitions to Farming in South-West Asia

2006 ◽  
Author(s):  
Graeme Barker
Keyword(s):  
Persian Gulf ◽  
Mediterranean Coast ◽  
North West ◽  
Hill Country ◽  
Anatolian Plateau ◽  
The North ◽  
South West ◽  
The Mediterranean ◽  
Western Side ◽  
The Persian Gulf

The principal focus of this chapter is the classic zone of early farming research from the 1960s onwards, the so-called ‘hilly flanks of the Fertile Crescent’ in South-West Asia (Fig. 4.1). This region is normally defined as the arc of hill country to the west of the Syrian desert and to the north and east of the Tigris and Euphrates valleys. The western side of the arc begins east of the Nile in the Sinai and the Gulf of Arabah on the southern border of Israel and Jordan; it continues northwards as the hill country on either side of the Jordan rift valley in Israel, Palestine, Lebanon, western Jordan, and western Syria (the so-called ‘Levantine corridor’); and extends westwards to the Mediterranean littoral. The northern sector is formed by the Taurus mountains along the southern edge of the Anatolian plateau, which curve eastwards from the Mediterranean coast in northern Syria to form the present-day Syrian–Turkish border. The eastern sector consists of the Zagros mountains, running south-eastwards from eastern Turkey and north-west Iran to the Persian Gulf, forming the Iraq–Iran border for most of their length, and continuing in south-west Iran beyond the Persian Gulf towards the Straits of Hormuz. The region also embraces adjacent zones: the alluvial plains of the Tigris and Euphrates rivers and the vast tracts of steppe and desert country separating them from the Levantine, Taurus, and Zagros upland systems; the Anatolian plateau to the north of the Taurus, within modern Turkey; and the Iranian plateau east of the Zagros, within modern Iran. The archaeological literature commonly uses the term Near East to describe the main region of interest, with the Levant for its western side (a term also used in this chapter), and South-West Asia for the eastern side, but the entire region is more correctly termed South-West Asia. The upland areas of the region mostly receive more than 200 millimetres of rainfall a year, which is the minimum required for growing cereals without irrigation. Rainfall decreases drastically moving out into the steppe and desert zones.

The Tabriz–Trabzon Trade, 1830–1900: Rise and Decline of a Route

1970 ◽  
Vol 1 (1) ◽  
pp. 18-27 ◽  
Author(s):  
Charles Issawi
Keyword(s):  
Seventeenth Century ◽  
Foreign Trade ◽  
Ottoman Empire ◽  
Persian Gulf ◽  
Persian Wars ◽  
The Mediterranean ◽  
The Persian Gulf

One of the main obstacles to the development of Iran's foreign trade over the centuries has been the location of its fertile northern provinces, which are shut off from the world's open seas by vast deserts and huge mountain chains. Since these provinces produced the country's most valuable export—silk—and since, after the transfer of the capital to Tehran, they included its largest consuming centers, trade had to be conducted over long caravan routes. In the seventeenth century, much silk was shipped through the Persian Gulf ports, but with the end of the Turco-Persian wars the bulk of Iran's westward trade passed across the Ottoman Empire—through Baghdad, and thence to either the Persian Gulf or the Mediterranean, or through Erzurum (Erzerum), and thence to Istanbul (Constantinople), Izmir (Smyrna) or Aleppo. However, all these routes were long, insecure, and expensive.

Defending the Fringe: NATO, the Mediterranean, and the Persian Gulf

1987 ◽  
Vol 102 (4) ◽  
pp. 679
Author(s):  
Ted Greenwood ◽  
Jed C. Snyder
Keyword(s):  
Persian Gulf ◽  
The Mediterranean ◽  
The Persian Gulf

scholarly journals Role of Iranian immigrants in Iran - Russia trade development

2018 ◽  
Vol 26 (4) ◽  
pp. 697-705
Author(s):  
Mehdi Afzali
Keyword(s):  
Human Capital ◽  
Persian Gulf ◽  
Home Country ◽  
Developed Countries ◽  
Iranian Immigrants ◽  
Gulf Countries ◽  
Social And Economic Development ◽  
The Persian Gulf ◽  
Transactional Costs

Migration and international trade are two important dimensions of globalization. Migration plays an important role in development of countries. Immigrants send their remittances, ideas, innovation and investments to their home countries. Migrants can influence on countries’ trade, they are able to decrease the transactional costs for companies willing to trade. In this article has been tried to study the case of Iranian immigrants in Russia. We can see that Iranians have migrated mostly to developed countries such as USA, Europe, Australia, Canada and part of them have migrated to the Persian Gulf countries. And of course many of these immigrants have high levels of economic, human, social, and cultural potential, which can be used for social and economic development of the country. Iranians have migrated to two kinds of countries. First, those who are developed and second those with high income which have the potential of trade with Iran. When we look at these two groups they either migrated to American and European countries, which this group has a high educated and human capital background or they migrated to neighbor Persian Gulf countries that they have mostly strong economic backgrounds which increased the chance of trade. In this article Iranian businessmen have been interviewed and they have explained their roles in trade, and if they had any advantages in comparison with those in the home country.

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