Sunday 04, March 2018 by Jessica Combes

UAE FTA clarifies VAT liability in active contracts signed prior 1 January 2018

 

The Federal Tax Authority (FTA) has clarified the criteria that determine whether it is the supplier or end-consumer that bears the cost of the Value Added Tax (VAT) on goods and services set to be delivered fully or partially in 2018, but had been contracted before the implementation of VAT.  

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