The Dubai TDRC – All taxpayers with registered addresses in the Emirate of Dubai; Abu Dhabi TDRC – All taxpayers with registered addresses in the Emirate of Abu Dhabi and non-UAE addresses; and.
submit it within 20 business days from being notified of the decision - the date stated on the FTA decision notification; give details of the reasons why the taxpayer believes the decision should be reconsidered - supported by legislative references and any relevant FTA publications; and. For the people in UAE, it has been made mandatory to pay all the taxes on time. The Tax Disputes Resolution Committee is outside the Ministry of Finance. The information presented is intended for general information only and is not meant to be a By using this site you agree to our use of cookies.
Client Alert: Tax Dispute Resolution under the UAE Tax Procedures Law . The company’s legal representatives Baker McKenzie Habib Al Mulla told Arabian Business the Abu Dhabi Federal Court of First Instance passed the judgement on April 7 and requested the FTA to pay back AED19,897,345. Keep supporting great journalism by turning off your ad blocker. To date, we have already seen some positive outcomes for taxpayers in relation to the mitigation of penalties, however all have been supported by strong tax technical and legal arguments. Input tax that relates to both taxable and exempt supplies, such as input tax incurred on overheads, must be apportioned. The FTA recently issued notices to certain banks stating that if they consider the standard methods is not appropriate, an application for a special method should be made on or before 31 December 2019. This would be a significant benefit to the taxpayer as late payment penalties can rise to over 300% of the tax involved. Objection submitted within 20 business days. The tax dispute resolution committees (“TDRC” / “TDRCs”) began operation in 2019. As the UAE VAT regime begins to settle, taxpayers should understand their rights and the process associated with tax disputes and litigation in the UAE. Services. Depending on the tax governance strategy of a taxpayer, they may or may not have the appetite to formally disagree with a decision of the FTA in regards to tax and penalties due. Note that the business cannot closed until or unless the Director General of the FTA approves of the closure. The Dubai committee began operations in March 2019 and, over the course of the year, 38 cases were heard. Tax agent: acts on behalf of a taxpayer with the local tax authority and TDRC to prepare and file Applications for Reconsideration, objections of decisions, etc.
A completed TDRC Objection Form (English and Arabic), An explanatory memorandum of the objection (Arabic), and, All supporting documentation including, but not limited to, evidence of the original FTA decision, the 'Application for Reconsideration' submitted to the FTA, any response received from the FTA, evidence of payment of all tax liabilities and penalties subject to the FTA decision, etc. The establishment of the UAE Federal Tax Authority (“ FTA ”) in May 2016 and the publication of Federal Law No. All rights reserved. Tax disputes and litigation lawyer: represents the taxpayer in the relevant court in defending the taxpayer's position on the interpretation of law and application of penalties, with support from tax experts. However, the companies that are subject to excise tax are usually higher value companies... A lot of [the cases] are to do with penalties, penalties that the federal tax authority applies, they're usually late penalties, but they can be for other things like voluntary disclosures and so on,” he added. Decision of the Tax Dispute Resolution Committee submit in Arabic – English will not be accepted – via the FTA public website. © 2020 ITP Media Group. Taxpayers failing to submit applications within the deadline could be prioritized for a full VAT Audit in 2020. decision regarding the objection within 20 business days from its receipt.
Copyright © 2020 Kanaan & Associates. Tax Dispute Resolution Committee. : 5001, Rigga Road Dubai, P.O.Box 4647, U.A.E WhatsApp Only: +971 52 6922588 Mobile: +971 55 370 1232 WhatsApp / Call: +971 55 4828368 Telephone: +971 4 2500251 Email: sales@farahatco.com. If FTA wants, it can close the business for up to 72 hours. Further, Administrative penalties may be of AED 500.
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