Thursday, September 19, 2024
1 change · 17.0
New functionality added to Odoo
This update introduces a new feature to calculate and account for corporate tax obligations for UAE corporations. When a company's profits exceed a defined threshold, this system automatically generates the necessary tax reports, streamlining compliance processes. This addition ensures accurate tax reporting and adherence to local regulations.
Original PR description
When a corporation's annual net profits exceeds a certain limit, a corporate tax has to be paid. This commit implements the calculation and accounting of this corporate tax. task: 3690934