November 22, 2024

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UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

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UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
UAE Introduces Retroactive VAT Exemptions for Crypto TransactionsThe United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially as some provisions retroactively affect transactions since 2018. UAE’s VAT Amendments Introduce Retroactive Tax […]