UAE – FTA publishes standard Turnover Declaration Letter template
Bahrain -NBR announces annual VAT return period for smaller businesses
Oman – VAT expected to be introduced in Oman in 2021
VAT amnesty and Customs self-correction scheme expiring on 30 September
OTA issues reminder on Excise Tax expansion
The UAE charges VAT at the standard rate of 5% on taxable supplies generally but there are many factors that determine what constitutes a supply as per the UAE VAT Law. The VAT term ‘supply’ includes all types of supply...
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