-
The EU and UAE have launched FTA talks under broader strategic initiatives, aiming to reduce tariffs, simplify customs, and potentially align VAT systems, affecting cross-border trade and compliance frameworks.
-
Key indirect tax impacts may include tariff reductions, updated customs rules, origin-based VAT considerations, digital documentation requirements, and sustainability-linked obligations such as carbon-related VAT adjustments.
-
Businesses must prepare ERP updates, revise tax rules, and assess new VAT obligations and contract terms to remain compliant amid evolving trade, reporting, and supply chain tax requirements under the FTA.
Source: innovatetax.com
Latest Posts in "European Union"
- Business Leaders Call on EU to Modernize Customs Union and Revive Türkiye Membership Talks
- EU VAT Compliance Gap Hits €128 Billion in 2023, Driven by Six Major Economies
- EU Triangular Transactions: More Than Three Parties Allowed, Rules European Court in 2025 Decision
- INTA Reviews EU Proposal to Extend CBAM to Downstream Goods and Strengthen Anti-Circumvention Measures
- European Commission Evaluates Fiscalis Programme’s Impact on EU Tax Fraud Prevention and Cooperation
