Crowe: Amendment of Administrative Penalties for violations of tax law in the UAE
Amendment of Administrative Penalties for violations of tax law in the UAE
Hereby we would like to inform you that on 28th April 2021, the UAE Cabinet issued Cabinet Decision No. 49 of 2021 which amends certain provisions of Cabinet Decision No. (40) of 2017 on Administrative Penalties for Violations of Tax Law in the UAE. The amendment shall be effective 60 days from the date of the issuance, which is 27th June 2021. The link document below provides a summary of the most important changes to the penalty regime for violations with the tax laws in the UAE. In case you need support or any further information, kindly contact Crowe UAE.