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Suspension of exemption certificates on VAT and income tax due on certain importations

On 30 March 2023, General Resolution 5,339 (“Resolution“) was published in the Official Gazette, by which the Federal Tax Authority (FTA) modified the value added tax (VAT) and income tax advanced payment regime on the importation of certain goods until 31 December 2023.

Source: globalcompliancenews.com

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