reduced – Muhasebe News https://www.muhasebenews.com Muhasebe News Wed, 06 Mar 2019 13:18:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 OECD reduced economical growth forecast again https://www.muhasebenews.com/en/oecd-reduced-economical-growth-forecast-again/ https://www.muhasebenews.com/en/oecd-reduced-economical-growth-forecast-again/#respond Wed, 06 Mar 2019 13:18:45 +0000 https://www.muhasebenews.com/?p=50180 The Organisation for Economic Co-operation and Development (OECD) reduced its global economic growth forecast by 3.3% for 2019 and 3.4% for 2020 on its interim Outlook report.

The Outlook was 0.02% higher for 2019 and 0.02% higher for 2020 on OECD’s November report.

OECD stated in the report that “high policy uncertainty, ongoing trade tensions, and further erosion of business and consumer confidence are all contributing to the slowdown.”

It is also indicated that the Brexit uncertainty, trade tensions between the U.S and China and the recession in Italy have an impact on the European economy.

 

 

 

 

 

Source: Reuters
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]]> https://www.muhasebenews.com/en/oecd-reduced-economical-growth-forecast-again/feed/ 0 Vat percentage of a material is reduced to 8% from 18% https://www.muhasebenews.com/en/vat-percentage-of-a-material-is-reduced-to-8-from-18/ https://www.muhasebenews.com/en/vat-percentage-of-a-material-is-reduced-to-8-from-18/#respond Thu, 03 Jan 2019 06:00:16 +0000 https://www.muhasebenews.com/?p=43291 Our company produces kitchen cabinets. In the progress payment/agreement made before VAT discount, the parties agreed on 18% VAT. Do I have to draw out an invoice by considering the VAT discount of 8%? Or 18% according to the progress payment?

8% is applied.

 

 

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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