The UAE Federal Tax Authority has issued a release encouraging registrants to benefit from the administrative penalties redetermination. The redetermination allows qualifying taxpayers to settle only 30% of unpaid penalties imposed before 28 June 2021 on outstanding tax due as long as the tax and penalties are paid by 31 December 2021.
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The Federal Tax Authority encourages Registrants to Benefit From the administrative penalties redetermination
The Federal Tax Authority encourages Reg…