The Federal Tax Authority also called on consumers to ensure that there are digital tax stamps on tobacco packages that they are buying and inform the competent regulatory authorities should they discover any violating dealers.
The Federal Tax Authority (FTA) announced on Monday that the total value of tax liabilities related to the seizures performed during inspection campaigns reached Dhs2.74 million.
The second phase of the Marking Tobacco and Tobacco Products Scheme is set to commence from today (Sunday), with the scheme aiming to utilise the latest digital solutions to boost the efficiency of tax control systems
British Prime Minister Boris Johnson said he would press ahead with new taxes on US internet giants like Facebook and Google, putting him at odds with US President Trump who has threatened retaliation against France over its digital tax plans.
Importing any type of waterpipe tobacco (known in Arabic as ‘Mu’assel’) or electrically heated cigarette plugs that are not marked with ‘Digital Tax Stamps’ will be prohibited across the UAE as of 1st March 2020, asserted the Federal Tax Authority, FTA.
FTA has issued a decision to postpone the implementation of the ban on supplying, transferring, storing, and possession of water pipe tobacco and electrically heated cigarettes in the UAE that do not carry digital tax stamps until Jan.1, 2021.
Khalid Al Bustani called on tax registrants to take advantage of the important benefits provided by the new amendment as it provides more relief to business sectors in order to support their effective contribution to boosting the national economy's growth.
The Federal Tax Authority (FTA) has called on tax registrants in the UAE to benefit from the penalty redetermination scheme introduced by Cabinet Decision No. 49 of 2021
The Federal Tax Authority (FTA) has intensified its inspection campaigns in the local markets in collaboration with the Ministry of Economy, the Federal Customs Authority