Value Added Tax (VAT) has had a great impact on the UAE businesses since its introduction in 2018. The impact of VAT cuts across a diverse range of business sectors including transportation services in the UAE. Article 46 of the VAT Decree-Law, states that the supply of local passenger transport services is exempt from VAT in the UAE. In light of this, a major question arises whether the B2B supply of transportation service is exempt from VAT or should be treated as a taxable supply.
Source: jcauaeaudit.com
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