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Federal Tax Authority’s Transformational Projects Post Remarkable Results

The Federal Tax Authority (FTA) announced on Monday that its flagship Muwafaq package and Specialised tax agent transformational projects, launched earlier this year, have achieved remarkable results, effectively facilitating compliance procedures for taxpayers.

Registered tax agents are classified into a series of sectors, most notably, businesses subject to Value Added Tax (VAT); tax refunds for UAE citizens on building new residences, as well as on building and operating mosques; and small and medium-sized enterprises (Muwafaq package).

Source: menafn.com

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