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UAE’s excise tax expansion to take effect on Dec 1The UAE’s Federal Tax Authority (FTA) is finalising its preparations to implement Cabinet Decision No. (52) of 2019 on Excise Goods, Excise Tax Rates, and the Methods of Calculating the Excise Price, which comes into force on Decem More… |
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Abu Dhabi tobacco trade sees sharp decline in 2018The value of Abu Dhabi’s trade in raw tobacco and manufactured tobacco products declined sharply in 2018 compared to 2017, reflecting the success of the decision to apply excise tax, media report said. The UAE began applying More… |
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UAE sees excise tax compliance at over 97pcThe UAE’s Federal Tax Authority (FTA) said that compliance with tax returns requirements for excise tax one year after its introduction in the UAE has amounted to 97.7 per cent of registered businesses – one of the highest rates in t More… |
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Bahrain to impose excise tax from December 30Bahrain will start levying the excise tax on specific harmful goods on December, Bahrain News Agency (BNA) reported. "Under law 40 of 2017, the excise tax will be applicable to carbonated drinks at a rate of 50 per c More… |
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UAE’s excise tax to be paid in e-Dirham onlyThe UAE Excise Tax, due to go into force effective October 1, shall be collected in e-Dirham only, the Federal Tax Authority has announced. The move goes in line with the UAE government’s strategy to keep pace with the lates More… |
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UAE’s excise tax to be paid in e-Dirham onlyThe UAE Excise Tax, due to go into force effective October 1, shall be collected in e-Dirham only, the Federal Tax Authority has announced. The move goes in line with the UAE government’s strategy to keep pace with the lates More… |
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Online registration for UAE excise tax starts on Sept 17The UAE's Federal Tax Authority (FTA) has announced that it will open online registration for excise tax for businesses on September 17, providing an integrated system to serve the business sectors. This marks a major step und More… |
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UAE starts online registration for excise on Sept 17UAE’s Federal Tax Authority (FTA) has announced that it will open online registration for excise tax for businesses on September 17, providing an integrated system to serve the business sectors as per the highest international standa More… |
