Tag: Value Added Tax

The growth in tax refund requests from tourists follows a boom in the tourism sector and an upgrade to the digital tax refund system. Abu Dhabi: The Federal Tax Authority (FTA) asserted there has been considerable growth in the volume of transactions processed through the digital Value Added Tax (VAT) refund system for tourists in […]

Abu Dhabi: Pursuant to a resolution issued by the Cabinet, the Ministry of Finance (MoF) announced the amendment of the VAT treatment on workmanship services when supplying gold and diamonds between Registrants in the State. According to the resolution, there will be a temporary replacement for the definition of “goods” contained in Article (1) of […]