In a VAT-related case, the Federal Supreme Court ruled that a taxpayer, who wrongly registered but nonetheless reported output VAT, should not be punished with late payment penalties, and solely with a penalty for absence of registration.
Source: Aurifer
Latest Posts in "United Arab Emirates"
- UAE VAT Update: Self-Invoicing Abolished for Imported Services—What Businesses Must Do Now
- UAE Launches eInvoicing 4-Corner Model, Advancing Digital Transformation for Businesses
- Comarch Named FTA-Approved Accredited Service Provider for UAE E-Invoicing Mandate Compliance
- UAE VAT Recovery Deadline: Last Chance to Claim 2018–2021 Input Tax Before It Expires
- UAE E-Invoicing: Key Regulations, Scope, and Implementation Timeline for Businesses
