The UAE has issued important clarifications regarding the application of its VAT rules which are of particular importance from the perspective of holding companies. This article summarises the key practical implications of the Public Clarification on the VAT Treatment of Bank Interest and Dividends as well as the guidance on Input Tax Apportionment and Financial Services
Source Baker & McKenzie
Latest Posts in "United Arab Emirates"
- ZATCA Announces 24th Wave of E-Invoicing Phase 2 for VAT-Eligible Taxpayers
- UAE Updates VAT Guide: New Rules on Input Tax Apportionment and Recovery Percentage
- UAE Implements New E-Invoicing System with Amended VAT Regulations and Ministerial Decisions
- UAE Unveils Phased Implementation of National E-Invoicing System
- RTC Webinar Recording & Slide deck: UAE e-Invoicing: A Corporate Perspective on the Mandate and Opportunities
