- From: [email protected]
- Date: Friday, November 29, 2019
- Category: Business
- Region: Dubai (
- Posting ID: 43758190
The VAT implementation in UAE is going to take place in another few days, and the government is trying its best to make the entire country well-informed about the latest regulations and tax framework. In a recent announcement, the Federal Tax Authority (FTA) has revealed the list of supplies across various sectors that are going to be subject to Value Added Tax (VAT) from the beginning of 2018. FTA has also disclosed the list of selected sectors that will be allocated zero-rated tax. The list of those selected sectors includes healthcare, education, oil and gas, real estate and transportation.