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Failure to comply with tax audit to result in hefty fines, tax experts warn


Failure to comply with tax audit to result in hefty fines, tax experts warn
rohma@khaleejtimes.com
Filed on April 7, 2021
Under the Self-Assessment System of VAT returns filing, the onus is clearly placed on taxpayers and businesses have to interpret and apply the tax legislation correctly
Organisations across the UAE which fail to comply with the rules in place regarding the tax audits conducted by the Federal Tax Authority (FTA) will be liable to pay hefty fines, experts warned at a webinar on Wednesday.
Presented by Khaleej Times & MBG Corporate Services, the event sought to bring clarity to some of the key issues regarding tax audits, and brought together key experts in the field to share their insights. ....

Ash Shariqah , United Arab Emirates , Khaleej Times , Laila Aziki , Vipin Ahuja , Corporate Services , Tax Authority , American University Of Sharjah , Federal Tax Authority , Self Assessment System , Customs Records , Custom Records , Mass Communication , International Studies , American University , ஒன்றுபட்டது அரபு அமீரகங்கள் , காழீஜ் முறை , விபின் அஹுஜா , பெருநிறுவன சேவைகள் , வரி அதிகாரம் , அமெரிக்கன் பல்கலைக்கழகம் ஆஃப் ஷார்ஜா , கூட்டாட்சியின் வரி அதிகாரம் , சுய மதிப்பீடு அமைப்பு , சுங்க பதிவுகள் , தனிப்பயன் பதிவுகள் , நிறை தொடர்பு ,