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UAE: Tax authority extends first VAT filing period for some firms

The UAE’s Federal Tax Authority (FTA) has extended the first declaration period for filing value added tax returns for a selected range of companies. The first tax period was scheduled to end for some businesses at the end of January or February but the change will mean they instead have four or five months from the start of the year for their first declarations. Businesses with a three-month tax period ending in March are unaffected by the amendments. Info here

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