VAT Administrative Exceptions
The Federal Tax Authority (FTA) has published an updated version of its VAT Administrative Exceptions user guide. The FTA has amended the […]
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VAT Treatment on Disbursement, Reimbursement & Options
The Clarification discusses the VAT principles for differentiating between a disbursement and a reimbursement, and accordingly the VAT treatment that should be […]
Excise Tax Reporting Update in UAE
With Effect from 16th August 2019, Federal Tax Authority has updated the Excise Tax reporting requirements to include detailed reporting for various […]
Business UAE VAT Refund Update
Another VAT Update which contributes ease of doing business in UAE. A foreign business may be entitled to enjoy VAT Refunds of […]
Excise Tax – DTS Clarification
FTA has recently published a new excise tax clarification which explains that Designated Excise Goods which have been marked with a Digital […]
Who are Stockpilers in Excise Tax?
Stockpilers are persons in business who have more than their Average Monthly Hold of Excise Goods or Two Months Sale. They need […]
Dubai Customs issues new HS Codes List for Excisable Goods in the UAE
Dubai Customs Department has issued Customs Notice no. 8 / 2019 regarding excise goods and tax on the same. Customs department has […]
CbCR Notification form Rolled-out in UAE
Cabinet Resolution No. 32 on Country-by-Country Reporting was issued in UAE and requires the entities being tax resident in the UAE and […]
VAT Clarification on B2B Healthcare Services
Federal Tax Authority has issued a clarification on Business to Business Supplies for Healthcare Services. A supply of healthcare services may only […]
VAT Update in Oman
MUSCAT (WAF)- Oman will not be implementing the Value-Added Tax (VAT) in 2020, a high ranking official at the Ministry of Finance […]
