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FinancialNews


  • 08-01-18

    UAE launch new initiative to ensure fairness of VAT implementation

    (MENAFN) The UAE Ministry of Economy and the Federal Tax Authority have launched a programme aimed to guarantee the VAT implementation to be going justly and transparently across the country.

    The new project is set to cover several campaigns of awareness over the kind of products subjected to VAT, along with latest conditions for invoices which shops and outlets providing taxable services have issued.

    There will also be a fresh outline that is to make it possible for the FTA and the ministry to join forces with other authorities in purpose of identifying tax breaches and take action against criminals.

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