UAE completes first quarterly VAT return cycle; Risk areas identified

03 May 2018

The United Arab Emirates (UAE) introduced Value Added Tax (VAT) from January 1, 2018. Most taxpayers are on a quarterly tax period, with their first VAT returns due on April 29. During the VAT return preparation and review process, a number of common issues were identified across many businesses.

An Indirect Tax Services group Alert, attached below, provides additional details.

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Document ID: 2018-0937

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