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Rent Free During COVID 19 Pandemic– Is It Deemed Supply and Taxable?

In the wake of the Global pandemic, COVID 19, the government took quick actions to make reassuring noises of support for businesses. Many authorities came up with major relief packages for companies including companies operating in free zones/designated zones. It includes rent postponement up to six months to help them to overcome COVID-19 challenges.

We would like to invite your attention to the VAT impacts of these decisions of the Government through a case study.

Source: emiratesca.com