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UAE's First VAT Quarterly Filing Deadline April 29

by Lorys Charalambous, Tax-News.com, Cyprus

27 April 2018


The first quarterly value-added tax filing deadline of April 29 is fast approaching in the United Arab Emirates, with more than 90,000 taxpayers said to be affected.

Penalties and interest apply to those failing to comply with the filing and payment deadline, the UAE's Federal Tax Authority said.

The Authority explained that under Federal Law No. 8 of 2017 on Value Added Tax and its Implementing Regulations, the declaration must be submitted to the Authority no later than the 28th day after the end of the relevant tax period. Federal Law No. 7 of 2017 extends the time to the following business day if the last day of the day coincides with an official holiday.

TAGS: United Arab Emirates | compliance | tax | business | value added tax (VAT) | interest | VAT compliance matters | Regulations | Tax

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