UAE: Corporate Tax Voluntary Disclosure |
In the UAE, the Federal Tax Authority (FTA) allows businesses to correct errors or omissions in their corporate tax filings through the Voluntary Disclosure (VD) process. This enables taxpayers to proactively rectify mistakes and avoid potential penalties or legal consequences. We at Gupta Accountants assist in the Corporate Tax Voluntary Disclosure in UAE.
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UAE: Key Aspects of Voluntary Disclosure under UAE Corporate Tax |
Key Aspects of Voluntary Disclosure: When to Submit a Voluntary Disclosure |
A voluntary disclosure should be submitted when a taxpayer identifies:
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Key Aspects of Voluntary Disclosure: Timeframe for Submission |
The voluntary disclosure must be submitted within20 business days from the date the taxpayer becomes aware of the error.
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