Tag: taxation

VAT framework for real estate announced

VAT framework for real estate announced

Most residential properties will be exempt from taxation when VAT laws come into effect, according to newly announced guidelines. Released by the Federal Tax Authority, the framework details how the real estate sector will be affected by the five percent …

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This is how the UAE’s new tax laws will affect you

This is how the UAE’s new tax laws will affect you

The impending implementation of tax is an overwhelming thought for many of us. But don’t panic, it’s not as complicated as it seems The Middle East has long been a tax haven that brought jealous looks from many corners of …

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How will the new tax law affect you?

How will the new tax law affect you?

New legislation has been announced as the UAE makes moves to establish a system of taxation. The Tax Procedures Law, which establishes the cornerstone for a national tax framework, will apply primarily to companies and businesses operating within the country. …

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