On 4 December 2017, the United Arab Emirates Ministry of Finance published Cabinet Resolution No. (40) of 2017 on Administrative Penalties for Violations of Tax Law in the UAE, which was originally issued on 24 September 2017. The Resolution includes: Table (1): Violations and Administrative Penalties related to the Implementation of the Federal Law No. (7) of 2017 on Tax Procedures, which includes penalties in relation to failing to maintain and submit business records and other tax information, failing to submit returns on time, failing to settle tax payable on time, and other penalties for more general compliance failures; Table...