Tourists' electronic VAT refund applications more than double in second half of 2019

Posted on    06 January 2020
Tourists' electronic VAT refund applications more than double in second half of 2019

The number of applications for electronic value added tax refund from tourists more than doubled in the second half of 2019.The total number increased to 3.2 million application by the end of 2019, compared to about 1.52 million received at the end of June, according to FTA data.

The number of retail outlets across the UAE connected electronically to the FTA's system has also risen to 12,310. The number of self-service kiosks to recover VAT by tourists, before they make an exit from the country has also risen from 29 in July to 52 kiosks currently.  

The number of tax clarifications provided by the FTA also increased to around 464 in 2019, compared to 120 special explanations at the end of 2018, with 445 clarifications provided for specific cases and 19 public clarifications that aim to boost awareness and voluntary tax compliance rates.  

Read more at https://www.thenational.ae/business/tourists-electronic-vat-refund-applications-more-than-double-in-second-half-of-2019-1.959743

Source - The National



like   Like
views 709


More From News