| 1 | Meaning | The terms “Tax Residency Certificates” and “Tax Residency” now have new terminology. A few small changes were also applied to the tax and business concept. | For the Corporate Income taxes of June 1, 2023, the changes above were done to the legislation to ensure compatibility. |
| 5 | Linguistic | In addition to Arabic, the Council can consider materials in other languages. In particular, if the Government demands it, an Arabic version could be necessary. | Corporate and personal coordination with the Tax Authority will be improved. |
| 7 | Legal Advocates | Members, too, can comply with any new obligations and present tax records to the Board. | If the taxpayer is a juvenile or incompetent, there are no restrictions on filing the tax return. |
| 10 | Voluntary Disclosure (VD) | When there is no increment of taxable income, individuals must file the VD. The segments and penalty provisions will be outlined in the Executive Order. | Taxpayers may not be able to rectify errors in the subsequent report. |
| 16 | Power to do an internal audit | - An extension from 5 to 10 business days for tax audit
- Authorities can inspect the premises without a warrant
| - Five additional days
- Cooperation between the taxpayer and the Official is essential
|
| 23 | Tax Evaluation | - Within 10 days, the FTA should provide taxation and inform the payer. When the taxpayer is failed in
- Registered application and VAT payment
- Due taxes
- Error in return
| Help taxpayers determine the appropriate income tax. |
| 24 | Penalty for Regulatory Evaluation | Administrative fines ranging from a set AED 500 penalty to a high equal to double the taxes | Reduced the burden on taxpayers |
| 25 | Tax Offenses and Sanctions | - Tax fraud, unauthorized withholding of taxes, and tax settling may result in a prison term or a financial penalty
- Prison if the appropriate penalty is not paid unless it is cancelled
- Financial fines or prison terms for falsifying information, data breaches, or obstruction of justice
| It lessened the strain of covering the initial sum—someone who fully adheres to the legal system and supports the Authorities. |
| 32 | Submission of a complaint and any other non-acceptance instances | Within 40 business days, an appeal to the Council’s judgment must be filed. | Taxpayers are given more time to submit their complaints. |
| 36 | Jury’s appeal system processes | The panel’s judgment could be challenged within forty days. | Chance to challenge in courts within the given timeframe |
| 46 | Limited Time Period | Whenever five years have passed, the authority can impose tax assessments or perform tax audits in case: - FTA issues an auditing notification
- The taxpayer submits a VD
| It gives the Authorities more chance to execute tax evaluations within the given timeframe, appearing in judgment. |
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