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.
The UAE was one of the fastest nations in setting and implementing precautionary measures to curb the spread of the novel Coronavirus (COVID-19) and address the challenges it brought about, most notably to the economy, asserted Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA) and Vice President of the Belt and Road Initiative (BRI) Tax Administration Cooperation Forum.
The Federal Tax Authority (FTA) has reiterated its full commitment to supporting taxpayers and enabling them to fulfil their tax obligations during these exceptional times, as authorities ramp up their precautionary efforts to prevent the spread of the novel Coronavirus (COVID-19).
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
The Federal TAX Authority (FTA) has completed its preparations to join the Third Generation of the UAE’s eDirham system, , which has been launched by the Ministry of Finance, MoF, to facilitate the collection of state fees and revenues
The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board of Directors,
The FTA Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the FTA Board of Directors, has held its first meeting since the UAE Cabinet of Ministers approved the decision to reconstitute the FTA’s Board of Directors.
The Federal Tax Authority (FTA) has conducted more than 2,707 field inspection visits in cooperation with the competent authorities through 35 inspection campaigns across UAE markets in the first quarter of 2021, Q1-21,
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.