The Cabinet Decision to implement a system that returns Value Added Tax (VAT) to tourists will cement the UAE’s status as a premier global tourist destination, asserted the Federal Tax Authority (FTA).
UAE to combat fraud with new digital tax system
The Federal Tax Authority (FTA) has announced a new electronic tracking system, which uses digital tax stamps to ensure Excise Tax on tobacco products has been paid at an awareness meeting held in Dubai.
UAE to relax VAT deadlines for certain businesses
UAE businesses could be granted an extension to the first tax period for those subject to VAT, the Federal Tax …