Regulation, Risk & Compliance
Tax
Uncategorized
Getting tax submissions wrong now come with a much stiffer penalty in UAE
Each voluntary disclosure made by UAE businesses on their taxes will now cost them dearly – a federal court ruling has set penalties of 300 per cent of the amounts disclosed. “The judgement – delivered on October 14 – will result in exposing a number of companies to penalties,” said…
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Click here to read the full story: Gulf News