14 Views The United Arab Emirates introduced the Value Added Tax (VAT) system on January 1st, 2018, appointing the Federal Tax Authority (FTA) as the regulatory body to gather and manage taxes across the country. VAT is a form of indirect tax that is imposed on certain goods and services that are meant for consumption. […]
Category: Tax
How to File an Amended Tax Return and Pay Any Penalties or Interest
743 ViewsIf you discover that you have underreported your income on your tax return, you can file an amended return. An amended return is a new tax return that corrects information from a previous tax return. When you file an amended return, you must include any additional forms and schedules that were required for the […]