- Public Clarification No. VATP040 issued on March 14, 2023
- Clarifies recent VAT amendments under Executive Regulation of Federal Decree Law No. 8 2017
- Covers changes to registration rules, accounting for tax on profit margins, zero rating of exports, input tax apportionments, record keeping requirements, and supply exceptions
Source: news.bloombergtax.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.
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