Alina on 06 January 2020
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 mi..
Alina on 28 December 2019
If a holding company is part of the VAT Group and is engaged in providing loans to subsidiaries on which it earns interest (VAT exempt) and also cross charges s..
Alina on 19 December 2019
The electronic system for the Tax Refunds for Tourists Scheme exceeded all expectations in its first year.Federal Tax Authority (FTA) revealed that the scheme h..
Alina on 23 November 2019
The Board of Directors of the Federal Tax Authority, FTA, held its 10th meeting at the FTAs Dubai headquarters, headed by its Chairman H.H. Sheikh Hamdan bin Ra..
Alina on 19 November 2019
KSAs General Authority of Zakat and Tax (GAZT ) has released an English Version Guide for Investment Funds, Trusts and Estates Main points covered in the guide ..
Alina on 11 November 2019
KSAs General Authority of Zakat and Tax (GAZT) has released Rules and Regulations of the calculation ofZakat in the Kingdom.
The decision(in Arabic) can be a..
Alina on 06 November 2019
FTA has released a letter on implementation of the Laws and Regulationsregarding Excise Tax on items that are excisablewith effectfrom 1st December2019.
The ..
Alina on 05 November 2019
UAEs Federal Tax Authority (FTA) has released a Public Clarification EXTP003 which explains the Excise Tax obligations for stockpilers of :
a) Sweetened dri..