OrbitaxUAE Federal Tax Authority Provides Guidance on VAT Input Tax Apportionment
|Approved Changes|United Arab Emirates
The UAE Federal Tax Authority has issued a VAT guide, Input Tax Apportionment Value Added Tax - VATGIT1.
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2. Introduction
2.1. Short brief
VAT is a general consumption tax on the supply of Goods and Services, that applies to most supplies which take place within the territorial area of the UAE.
2.2. Purpose of this document
The purpose of this Guide is to provide guidance on In…
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