The UAE Federal Tax Authority (FTA) has issued Public Clarification VATP040, which provides further guidance regarding specific amendments introduced by Cabinet Decision No. 100 of 2024 to the UAE VAT Executive Regulations.
This alert does not encompass all amendments; rather, it focuses on the key clarifications issued by the FTA that present new interpretations or significant updates beyond prior knowledge.
Read the article to learn more:
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Tax policy reforms and the introduction of new tax regulations across the GCC are creating huge challenges for organisations. Grant Thornton UAE offers a...
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