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FTA Issues VAT Public Clarification on Use of SWIFT Messages for Tax Recovery

  • FTA issued VAT Public Clarification on use of SWIFT messages by financial institutions
  • Issued on 5 February 2024
  • Clarifies FTA’s position on acceptability of SWIFT messages for documentation and input tax recovery

Source: assets.kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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