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UAE PRESIDENT ISSUES NEW TAX PROCEDURES LAW

12/12/2017

The country moves one step closer to the 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).