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FTA begins accepting VAT refund requests for operating mosques through EmaraTax platform
UAE
FTA begins accepting VAT refund requests for operating mosques through EmaraTax platform
Posted on 30 April 2023
The Federal Tax Authority (FTA) in the UAE has announced that it is now accepting refund requests for Value Added Tax (VAT) incurred on operating mosques throug..
ZATCA Sets Criteria for Selecting Taxpayers in Wave 3 of E-Invoicing Integration Phase
KSA
ZATCA Sets Criteria for Selecting Taxpayers in Wave 3 of E-Invoicing Integration Phase
Posted on 19 April 2023
Saudi Arabiss Zakat, Tax and Customs Authority (ZATCA) has announced the criteria for selecting taxpayers in the third wave of e-invoicing implementation, also ..
FTA Launches 'Tax 10' Digital Innovation Platform to Drive Innovation and Enhance Services
UAE
FTA Launches 'Tax 10' Digital Innovation Platform to Drive Innovation and Enhance Services
Posted on 13 April 2023
UAEs Federal Tax Authority (FTA) has launched Tax 10, a digital innovation platform aimed at encouraging innovation, excellence, and creativity among its employ..
Excise tax public clarification on lost or deficient goods report published by FTA
UAE
Excise tax public clarification on lost or deficient goods report published by FTA
Posted on 27 June 2022
The United Arab Emirates (UAE) Federal Tax Authority (FTA) has published an Excise Tax Public Clarification (EXTP007) on Excise goods that are deficient or miss..
In a cabinet meeting chaired by Sheikh Mohammed, plans to link payment systems across GCC announced
GCC
In a cabinet meeting chaired by Sheikh Mohammed, plans to link payment systems across GCC announced
Posted on 16 April 2022
On Monday 11 April 2022, in an important cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the..
Money- laundering is put down in grey list by UAE
Money- laundering is put down in grey list by UAE
Posted on 20 March 2022
Friday Dubaiwas added to the Financial Action Task Forces 23-member list, inclusive ofYemen, Syria, and South Sudan. The FATF stated that grey-list nations are ..
Meeting to prevent anti-money laundering and financial crimes in UAE
UAE
Meeting to prevent anti-money laundering and financial crimes in UAE
Posted on 17 March 2022
A high-level coordination meeting on anti-money laundering and countering the funding of terrorism (AML/CFT) was hosted by Sheikh Mansour bin Zayed Al Nahyan, D..
Extensive technical guidelines for a global minimum tax of 15%
UAE
Extensive technical guidelines for a global minimum tax of 15%
Posted on 17 March 2022
The OECD/G20 Inclusive Framework on BEPS announced new technical guidelines today on the 15% global minimum tax, which was agreed in October 2021 as astrategy t..
FTA issues updated guide on Voluntary Disclosure for VAT and Excise Tax
UAE
FTA issues updated guide on Voluntary Disclosure for VAT and Excise Tax
Posted on 08 March 2022
UAEsFederal Tax Authority (FTA) has issued a user guide on Voluntary Disclosure (VD) for VAT and Excise Tax.This replaces the earlier version issued by FTA in J..
Zakat, Tax and Customs reclassifies field violations of VAT
KSA
Zakat, Tax and Customs reclassifies field violations of VAT
Posted on 22 February 2022
Zakat, Tax and Customs authority announced the reclassification of VAT violations and penalties related to field violations from taxpayers failure to comply wit..

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