OrbitaxUAE Federal Tax Authority Updates Guidance on VAT Groups
|Approved Changes|United Arab Emirates
On 25 March 2024, the UAE Federal Tax Authority (FTA) issued an updated VAT Guide on Tax Groups - VATGGR101. The guide overview is as follows:
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1.1. Overview
1.1.1. Short brief
Tax grouping for VAT purposes is an administrative easement available to businesses and a revenue protection measure for government:
- Creating a tax group has the effect of registering a single taxable person.…
