News

Scope of Zero Rated food items expanded
Oman
Scope of Zero Rated food items expanded
Posted on 22 April 2021
Oman Tax Authority has expanded thescope of zero-rated food items from 93 to 488 commodities.The list can be accessed by clicking here ..
UAE VAT Regulations amended
UAE
UAE VAT Regulations amended
Posted on 22 April 2021
Article 66 (3) ofUnited Arab Emirates VAT Regulationshave been amended for the second time since the implementation of VAT in 2018. The current amendment rel..
VAT Registration Applications
Oman
VAT Registration Applications
Posted on 22 April 2021
Oman Tax Authority has clarified that itcontinues to accept registration applications for persons (natural and legal) with supplies exceeding OMR1,000,000even t..
OTA published guidance on VAT registration procedures for Oman non-resident applicants
Oman
OTA published guidance on VAT registration procedures for Oman non-resident applicants
Posted on 22 April 2021
Oman Tax Authority (OTA) has publishedguidance onVAT registration procedures for Oman non-resident applicants ..
Approval to issue simplified Tax Invoices
Oman
Approval to issue simplified Tax Invoices
Posted on 22 April 2021
The Oman Tax Authority has allowed VAT registrants to issue simplified VAT invoices from 16 April 2021, on condition that: 1. The VAT registrant adheres to t..
NBR publishes guide on VAT agents / VAT representatives
Bahrain
NBR publishes guide on VAT agents / VAT representatives
Posted on 22 April 2021
Bahrains National Bureau for Revenue (NBR) has published a guideonVAT agents / VAT representatives. The purpose of this guide isto provide an overview of: 1...
FTA issues VAT public Clarification on temporary zero-rating of certain medical equipments
FTA issues VAT public Clarification on temporary zero-rating of certain medical equipments
Posted on 08 April 2021
The FTA has issued Public Clarification No. VATP025 on temporary zero-rating of certain medical equipments, which replaces Vat public Clarification VATP023. ..
Unofficial English translation of the VAT Executive Regulations published by Oman
Oman
Unofficial English translation of the VAT Executive Regulations published by Oman
Posted on 31 March 2021
The Oman Tax Authority (OTA) has published the unofficial English translationof the Value Added Tax (VAT) Executive Regulations. Click here to view/download ..
FTA releases VAT Clarification on Adjustment on Account of Bad Debt Relief
UAE
FTA releases VAT Clarification on Adjustment on Account of Bad Debt Relief
Posted on 30 March 2021
UAEs Federal Tax Authority (FTA) has published aVAT public Clarification on the adjustment on account of bad debt relief. This Public clarification discusses..
Supplies provided by artists and social media influencers for consideration are subject to Value Added Tax (VAT)
UAE
Supplies provided by artists and social media influencers for consideration are subject to Value Added Tax (VAT)
Posted on 09 March 2021
Recently The Federal Tax Authority (FTA) has announced that supplies provided by artists and social media influencers for consideration are subject to Value Add..

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