United Arab Emirates (UAE)Federal Tax Authority(FTA) has issued adetailed guideclarifying the application of value‑added tax (VAT) on goods and services provided through e‑commence platforms or digital marketplaces. According to the officialFTArelease, issued on 12 August 2020, the guide is ...
The UAE’s Federal Tax Authority (FTA), in partnership with Planet Tax Free, has launched a fully digital VAT-refund scheme for tourists. The new paperless solution is integrated electronically between retail outlets and the tax refund scheme, ensuring a seamless digital process of issuin...
In a strategic move towards advancing customer service excellence, the Federal Tax Authority (FTA) has upgraded three key services to align with the UAE's pioneering ‘Government Services 2.0’ framework. This initiative falls under the Government Services Quality Charter, designed to eleVATe the ...
Today the UAE announced the Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses “Corporate Tax Law” effective for
FTA stands for Federal Tax Authority. This government institution is responsible for collecting federal taxes and fines in the UAE. They are also responsible for the distribution of these taxes for the economic growth of the UAE. This authority was established under Federal Law by Decree No.13 ...
The Federal Tax Authority (FTA) has called on business sectors to share their ideas and proposals for sustainably developing the Authority’s services; keeping pace with the Zero Government Bureaucracy Programme launched by the UAE Government; and boosting efficiency, quality, and flexibility, while ...
“The membership agreement we have signed with Etihad Credit Bureau sets an effective framework for bilateral cooperation, which, in turn, serves to strengthen efforts towards maintaining high rates of tax compliance in the UAE,” saidKhalid Ali Al Bustani. “We strive to achieve this objecti...
ABU DHABI, Nov. 24 (Xinhua) -- The United Arab Emirates (UAE) has introduced a federal decree-law aimed at empowering the nation's arts sector, UAE's official news agency WAM reported on Sunday. The law establishes a comprehensive framework for regulating non-profit arts institutions while ...
UAE: President establishes Federal Tax Authority Muhammad Younas Khan, Advisor to FTO gave a detailed presentation to the participants on the jurisdiction and working of Federal Tax Ombudsman office. FTO established in Peshawar To look at how states in different fiscal situations behaved, we start ...
As new and more complex forms of doing business develop, income tax is also being amended to keep pace. Recently, the scope and frequency of these amendments have accelerated due to international requirements, especially as part of the programme for comb