YouTube Videos of KGT products and services

Intrastat reports are becoming more crucial for tax authorities in assessing the risk of VAT fraud, which is a significant concern for the European Commission and local governments. This underlines the importance of accurate and timely Intrastat…

Validating VAT numbers is crucial for demonstrating tax exemptions on intra-community supplies, managing tax systems, and preventing fraud. A 0% tax rate (exemption) applies to goods sold from one EU Member State to another but requires a valid VAT…

VAT becomes chargeable when tax authorities have the right to claim payment. A chargeable event occurs when the conditions for VAT application are met, usually after a taxable transaction. However, it can also happen during or before the…

Implement an automated tax exemption process in SAP for goods used in manufacturing in Malaysia. As a result, the client improved its cash flow by automating specific manual and time-consuming MySST processes in Malaysia, thereby reducing related…

This announcement, published by the United Arab Emirates Ministry of Finance on July 11, 2023, provides information about an upcoming legal change regarding e-filing the VAT Return (VAT201) in the UAE. The legal change is in draft form, and its…

Executive Summary In corporate restructuring, divestitures demand careful and methodical separation of business units to ensure operational continuity and strict compliance with regulations. KGT's innovative Clone and Purge methodology for SAP…