On 28 April 2021, the Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on Administrative Penalties for Violations of Tax Laws in the UAE ("Cabinet Decision No. 49 of 2021"). Cabinet Decision No. 49 of 2021 amended some of the administrative penalties applicable to certain violations and allows for a redetermination of some of the penalties already imposed.
This Public Clarification provides detailed information on the introduced amendments to some of the administrative penalties.
Cabinet Decision No. 49 of 2021 amends certain penalties applicable to violations listed in the Tables appended to Cabinet Decision No. 40 of 2017 on Administrative Penalties for Violations of tax laws in the UAE (collectively referred to as "Cabinet Decision").
The UAE introduced Excise Tax and VAT with effect from 1 October 2017 and 1 January 2018, respectively.
In order to offer consistency in the administration of different taxes, a set of common tax procedures concerning the rights and obligations of the FTA...