VATupdate
united arab emirates UAE VAT VATupdate

Share this post on

FTA Decision No. 1 of 2024: Professional Standards and Black Points System for Tax Agents

  • FTA Decision No. 1 of 2024 outlines the application of black points system to Tax Agents for violating professional standards
  • Black points will be imposed on Tax Agents for violations related to confidentiality, integrity, objectivity, professional behavior, and professional competence
  • Consequences for Tax Agents will vary based on the accumulation of black points, ranging from notification to deregistration from the tax register
  • The Authority will follow specific procedures based on the accumulation of points, as outlined in the decision
  • Black points will expire based on deadlines specified in the attached table in Article 5 of the Decision

Source: premier-brains.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.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner