The UAE Federal Tax Authority has issued a release to clarify whether the supplier or end-consumer is liable for VAT on goods and services to be delivered fully or partially in 2018, but contracted prior to 2018.
---
Dubai, March 3, 2018– The Federal Tax Authority (FTA) has clarified the criteria that determine whether it is the supplier or end-consumer that bears the cost of the Value Added Tax (VAT) on goods and services set to be delivered fully or partially in 2018, but had been contra…