- The Federal Tax Authority (FTA) released a Public Clarification VATP040 on March 14, 2025.
- The clarification provides context to amendments made to the Executive Regulation of Federal Decree Law No 8 of 2017 on Value Added Tax.
- The amendments affect VAT controls and processes.
- 35 Articles have been amended.
- Taxpayers should read the Public Clarification VATP040 and assess its impact on their VAT compliance processes and obligations.
Source: insightplus.bakermckenzie.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.