UAE Updates
Excise Tax Updates
- Cabinet Decision No. (33) of
2019
The Federal Tax Authority ('FTA') in the UAE has
recently published a new Cabinet Decision related to penalties and
fines to be imposed for non-compliance of Digital Tax Scheme. This
Cabinet Decision has come into effect from the 1st of
May 2019.
The penalties mentioned in the Cabinet Decision vary from AED
20,000 to AED 50,000 per incident, in addition to possible
percentage - based penalties of 50% of Excise Tax due.
Access the Cabinet Decision by clicking here
Other Updates
- FTA Website
The FTA has launched an updated and more dynamic version of the
website where the layout has been changed to accommodate for
separate sections of Value Added Tax ('VAT') and Excise
Tax. Other sections of the website such as the legislation, guides
and forms are also more accessible.
