UAE addresses application of VAT on gold and diamond supplies, refund of VAT on conference and exhibition services, and Tax Invoice requirements

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01 June 2018

UAE addresses application of VAT on gold and diamond supplies, refund of VAT on conference and exhibition services, and Tax Invoice requirements

The United Arab Emirates (UAE) Cabinet (Cabinet) released decisions No. 25 and No. 26, dated May 22, relating to the application of value added tax (VAT) on gold and diamonds and the refund of VAT paid on services provided in exhibitions and conferences respectively. In addition, the UAE Federal Tax Authority (FTA) released decision No. 3 of 2018, dated May 20, on Tax Invoices.

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

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Document ID: 2018-1144

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