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UAE Federal Tax Authority Encourages Registrants to Benefit from Administrative Penalties Redetermination.

20 September 2021

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Approved Changes

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United Arab Emirates

The UAE Federal Tax Authority has issued a release encouraging registrants to benefit from the administrative penalties redetermination. The redetermination allows qualifying taxpayers to settle only 30% of unpaid penalties imposed before 28 June 2021 on outstanding tax due as long as the tax and penalties are paid by 31 December 2021. --- The Federal Tax Authority encourages Registrants to Benefit From the administrative penalties redetermination The Federal Tax Authority encourages Registrants to Benefit From the administrative penalties redetermination The Authority is communicate with eligible registrants to benefit from the redetermination to be equal to 30% of the total unpaid...