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UAE PRESIDENT ISSUES NEW TAX PROCEDURES LAW

12/12/2017

Country moves one step closer to implementation of value added tax.
Abu Dhabi: President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued the landmark Federal Law No. 7 of 2017 for Tax Procedures, which sets the foundations for the planned UAE tax system , regulating the administration and collection of taxes and clearly defining the role of the Federal Tax Authority (FTA).