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VOLUNTARY DISCLOSURE USER GUIDE

VOLUNTARY DISCLOSURE USER GUIDE

A voluntary disclosure guide was issued by the FTA to provide answers to the queries of the taxpayers submitting the volun ....

ELIGIBLE GOODS FOR PROFIT MARGIN SCHEME

ELIGIBLE GOODS FOR PROFIT MARGIN SCHEME

The Federal Tax Authority had issued a VAT Public Clarification VATP002 which specify the details of the goods eligible fo .... .... .... ....

ASSESSMENT OF VAT AFTER 6 MONTHS OF ITS IMPLEMENTATION

ASSESSMENT OF VAT AFTER 6 MONTHS OF ITS IMPLEMENTATION

A new era in the history of the UAE economy had begun when VAT was introduced in which the general public was gi .... .... ....

SCHEME FOR VAT REFUNDS FOR TOURISTS

SCHEME FOR VAT REFUNDS FOR TOURISTS

The federal tax authority on Saturday has announced a mechanism that is to be implemented in the fourth quarter .... .... ....

CLARIFICATION ON EXCHANGE RATE

CLARIFICATION ON EXCHANGE RATE

Article 69 of the Federal Decree Law No 8 of 2017 required the amount that has been  stated on the issued t .... .... .... ....

VAT REFUND USER GUIDE OF JULY, 2018

VAT REFUND USER GUIDE OF JULY, 2018

The FTA has issued a VAT refund user guide in the month of  July 2018 to explain the process which is to be .... .... ....

DESIGNATED ZONE VAT GUIDE

DESIGNATED ZONE VAT GUIDE

The Federal Tax Authority had issued a Designated Zone VAT guide known as VATGDZ1 for the key stakeholders in business who .... .... ....

VAT ELIGIBILITY ON PROFIT MARGIN SCHEME

VAT ELIGIBILITY ON PROFIT MARGIN SCHEME

The Federal Tax Authority has issued a VAT Public Clarification VATP002 which specify the details of the goods eligible fo .... .... .... ....

IS VAT APPLICABLE ON COMMERCIAL PROPERTY?

IS VAT APPLICABLE ON COMMERCIAL PROPERTY?

Since the real estate sector is one of the main contributors to the national economy and investment environment, .... .... ....

VAT TREATMENT OF COMPENSATION PAYMENT

VAT TREATMENT OF COMPENSATION PAYMENT

Vide VATP001 the Federal Tax Authority has published its first public clarifications on the Value Added Tax trea .... .... ....

HAS VAT BEEN FAIR WITH THE REALTY SECTOR ?

HAS VAT BEEN FAIR WITH THE REALTY SECTOR ?

It has been established by the Federal Tax Authority (FTA) and Dubai Land Department (DLD) that the VAT has a mi .... .... ....

VAT IMPACT ON HOSPITALITY SECTOR

VAT IMPACT ON HOSPITALITY SECTOR

The hotels in UAE in addition to the existing 20% municipality fee and service charge are also subjected to 5% VAT, which .... .... ....

EXPORT BY TRANSPORTERS OUTSIDE UAE

EXPORT BY TRANSPORTERS OUTSIDE UAE

As per the definition given in Article 1 of the Cabinet Resolution No 52 of 2017, export means departing of goods from the .... .... ....

VAT ON INTERNATIONAL CARGO

VAT ON INTERNATIONAL CARGO

The introduction of the VAT in the UAE on 1st January,2018 have subjected goods and cargo imported in UAE to VAT.

NEW VAT LEGISLATION ISSUED TO EASE GOLD AND DIAMOND TRADE

NEW VAT LEGISLATION ISSUED TO EASE GOLD AND DIAMOND TRADE

5 months after UAE had instituted 5% VAT, Cabinet Decision No 25 of 2018 on the Mechanism of Applying VAT on Gold and Diam .... .... ....

REFUND OF VAT PAID ON SERVICES PROVIDED IN EXHIBITIONS AND CONFERENCES

REFUND OF VAT PAID ON SERVICES PROVIDED IN EXHIBITIONS AND CONFERENCES

The Cabinet after reviewing the Constitution, the Federal Decree Law No (1) of 1972 of the Competencies of the Ministers a .... ....