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Tax Checklist

This document is a tax return checklist for the year ending 31 December 2023. It lists general requirements, revenue items, operating expenses, non-operating expenses, non-deductible costs, and additional information that need to be provided for the tax return. Requirements include documents like the tax card, commercial registration, audited financials, prior year's tax return, and details of revenues, expenses, assets, provisions, and related party transactions.

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61 views4 pages

Tax Checklist

This document is a tax return checklist for the year ending 31 December 2023. It lists general requirements, revenue items, operating expenses, non-operating expenses, non-deductible costs, and additional information that need to be provided for the tax return. Requirements include documents like the tax card, commercial registration, audited financials, prior year's tax return, and details of revenues, expenses, assets, provisions, and related party transactions.

Uploaded by

KSpamsh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Tax Return Checklist 2023

Company Name :
Year-End Date : 31 December 2023
Auditor Name :

Description Y/N

General Requirements
KYC

Tax Card

Valid Commercial registration

Valid Trade license

Updated Article of associations

Updated copy of the Shareholders identification ( CR -ID )

Confirmation by the client of the shares profit for foreign partners (as per the article of association)

The company is under JBA list on the DHAREEBA portal

The tax return period is opened on the Dhareeba portal

Copy of last year tax return

Revenues
Operating Revenue (Core business activities)

Gains from (Disposal of Assets & Shares) " Schedule is Required "
Schedule of Non-Operating Revenues by categories :(rent income, gain exchange rate, scrap sale, write off
payables, reverse provision,. Etc)
Operating Expenses
Purchases (schedule of local and abroad Purchases)

Change in inventories (opening inventory - closing inventory )

Sub-Contractors " Schedule is Required " .

Depreciation and amortization expenses " FA Schedule is Required " .

Provisions " Schedule is Required "

Schedules of other operating expenses by categories

Fines & penalties included in the operating expenses with details

Non- Operating Expenses


Ledgers of commissions with details

Ledgers of management fees

Ledgers of rent expenses

Ledgers of salaries + WPS sheets (the WPS should match with the ledgers)

Ledgers of head office expenses

Ledgers of government expenses

Ledgers of hotels, hospitality, and entertainment expenses

Bad debts " Schedule is Required "

Losses from (Disposal of Assets & Shares) " Schedule is Required "

Non -Deductible Cost


Amounts paid for breach the State law

Penalties

Remunerations for boards members ( other than wages & salaries )

Non -Deductible salaries


Salaries & wages paid to owner ,spouse and sons and partners in partnership company and simple partnership
company
Interests paid to the owner of a single-person corporation for the amounts he deposits in his corporation

Taxes that the company pays in the State and the taxes paid by the company outside the State.

Interest that a company pays to the headquarter or a subsidiary thereof in the State or offshore

Sponsorship fees (any amounts paid to the partner who owned more than 50% of the company shares )

Additional Information
Statement of Transfer Pricing " Schedule is Required "

Details for staff cost ( salaries and details for allowances )


Checklist 2023

Ref# Notes

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