- FTA issued VAT Public Clarification on use of SWIFT messages by financial institutions
- Issued on 5 February 2024
- Clarifies FTA’s position on acceptability of SWIFT messages for documentation and input tax recovery
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Arab Emirates"
- VAT Input Tax Recovery Rules Clarified for Non-Taxable Transactions
- UAE Updates VAT Rules on Input Tax Apportionment and Cash Payments
- Dubai Raises E-Commerce Customs Duty Exemption to AED 1,000
- UAE Clarifies VAT Treatment of Life Insurance and Reinsurance Fees
- Committee Again Urges Ukraine to Scrap 150-Euro Duty-Free Parcel Allowance














