NOT IN FORCE. Please be informed that Public Clarification TAXP002 is no longer in force as it has been replaced by Public Clarification TAXP004.
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 redetermination of some of the penalties already imposed.
Details relating to the amendments to administrative penalties in accordance with the First Article of Cabinet Decision No. 49 of 2021 are discussed in the Tax Procedures Public Clarification "TAXP001 - Amendments to the Penalties Regime", available on the FTA's website.
Cabinet Decision No. 49 of 2021 provides for the ability to ...