We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
In connection with the recent revision of the administrative penalties, the UAE Federal Tax Authority has issued a release on Cabinet Decision No. 51 of 2021, which sets new conditions for taxpayers to request and reduction or exemption in penalties. --- Federal Tax Authority: Any person or group has the right to apply for a reduction or exemption for Tax Law violation penalties Penalties may be reduced or exempted according to the Regulations and amendments, if the person can prove to the Authority that there is an acceptable excuse for the violation. Abu Dhabi, UAE 26 May 2021: The Federal...