Pablo Porporatto on 13 June 2021
Introduction
In the digital economy, virtual platforms are fundamental pieces and should be considered key contributors to the tax compliance of users and ot..
Karan Mutneja on 10 June 2021
UAE VAT on Sale or Disposal of motor vehicle held as business asset
VAT on Purchase of Motor Vehicle for Business Purpose
Article 53of the Executive R..
Hemant Mundhra on 07 June 2021
Decree-Law on VAT in UAE and its Executive Regulations provide self-declared flow of credit in the supply-chain, from the producer to consumer. Input VAT credit..
Mayank Sahwney on 30 May 2021
Decision 49 of 2021 was issued by the UAE Federal Government to reduce Penalties leviable for VAT and Excise Non-Compliances by the Federal Tax Authority amendi..
CA Rajiv Hira on 18 May 2021
Voluntary disclosure provides an opportunity offered by tax administration to allow previously non-compliant taxpayers to correct their tax affairs under specif..
Mahmoud Abuwasel on 25 April 2021
Recently, in a dispute that Wasel Wasel was counsel on, the Federal Primary Court ruled providing a definition and test for the tax benefit penalty for the fir..
MRADUL GUPTA on 08 April 2021
Recoverable Ratio and its Nuances! Can Tax Value based ratios provide a reasonable basis of apportionment?
Input VAT Recoverable Ratio (also commonly known a..
Dilip Jain on 29 March 2021
Adjustment on Account of Bad Debt Relief- Public clarification
This article on the bad debt adjustment covers three sections:
Relevant provisions o..
Dilip Jain on 26 March 2021
As per Article 2 of the VAT Decree Law,VAT shall be imposed on every taxable supply and deemed supply made by a taxable person and import of concerned goods int..
Mahmoud Abuwasel on 23 March 2021
Brief
Since around September 2020, the tax dispute resolution committee of the Emirate of Dubai has been inoperable (under reformation).
On 25 November 20..
