Post by joita9789 on Feb 13, 2024 10:53:57 GMT
Therefore tax-deductible costs are all rational and economically justified expenses related to business activity. The assessment of the connection with the conducted activity should show that the incurred expense can objectively contribute to generating income from a given source. Therefore in order for an expense to be considered a tax-deductible cost it must in accordance with the abovementioned provision meet all of the following conditions be.
In a causeandeffect relationship with the revenue or source of Dubai Email List revenue and be incurred in order to achieve revenue or maintain or secure a source of revenue not be included in the list of costs not recognized as costs of obtaining revenue listed in Art. section of the Personal Income Tax Act be properly documented. Pursuant to points and of the Regulation of the Minister of Finance of August on keeping a tax book of revenues and expenses Journal of Laws No. item as amended under the concept of equipment means tangible assets related to the business activity not classified.
As fixed assets in accordance with the provisions of the Income assets within the meaning of the provisions of the Income Tax Act. Content analysis of both art. section and Art. of the Personal Income Tax Act indicates that in principle there are no obstacles for a taxpayer to include in taxdeductible costs the expenses incurred for the purchase of equipment financed with funds received from the District Labor Office even though the funds granted are taxexempt. based on Article. section point of the Personal Income Tax Act.
In a causeandeffect relationship with the revenue or source of Dubai Email List revenue and be incurred in order to achieve revenue or maintain or secure a source of revenue not be included in the list of costs not recognized as costs of obtaining revenue listed in Art. section of the Personal Income Tax Act be properly documented. Pursuant to points and of the Regulation of the Minister of Finance of August on keeping a tax book of revenues and expenses Journal of Laws No. item as amended under the concept of equipment means tangible assets related to the business activity not classified.
As fixed assets in accordance with the provisions of the Income assets within the meaning of the provisions of the Income Tax Act. Content analysis of both art. section and Art. of the Personal Income Tax Act indicates that in principle there are no obstacles for a taxpayer to include in taxdeductible costs the expenses incurred for the purchase of equipment financed with funds received from the District Labor Office even though the funds granted are taxexempt. based on Article. section point of the Personal Income Tax Act.