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Diamond Industry - Taxation |
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The Diamon Dealers' Industry
General:
The Diamond industry is one of Israel's leading export industries, with the Israeli Diamond Burse the largest and most prominent diamond trade center in the world.
Israel imports approx. 5 Billion Dollars' worth of raw [unpolished] diamonds annually, comprising approx. 40% of the sum total worth of unpolished diamonds produced in the world!
Israel's diamond export value stands at approx. 10 Billion Dollars a year, of which approx. 7 Billion dollars' worth are polished diamonds.
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VAT in Republic of Ireland |
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Overview of the operation of VAT in Republic of Ireland
Summary
- Thresholds for registration
- VAT rates & their application
- Registration & compliance
- Place of supply rules
- Entitlement to VAT inputs/refunds
- Practicalities of registration for foreign traders
- VAT on real estate purchase/letting
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Bookkeeping - Diamond Dealers |
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