The Federal Tax Authority (FTA) in the United Arab Emirates. Has introduce a new form of indirect taxation on certain goods. Which are consider harmful to human health and environmental sustainability. These include carbonate drinks energy drinks as well as tobacco products. This was put into effect from October 1st 2017. With UAE Excise Tax being one type name for these types under UAE law.
When the new UAE Excise Tax laws go into effect. Producers and importers of excisable goods will be require to register with Federal Tax Authority (FTA). FTA has power over audits that can result in penalties for those found not compliant.
The Federal Authority of Germany just announced. That they’ll be taxes on items including tobacco, carbonated drinks and energy supplements starting December 1st. As well as Sweeten Drink which have been add this year.
The new laws on UAE Excise Tax Registration will be applicable from December 1st 2019. All businesses that deal with goods and services subject to Excise Taxes must register under this system, whether they are directly or indirectly involved in the process of supply/sale etc., otherwise it could lead them into penalties such as fines up to 100% OF Revenue generated bypassing regulatory requirements
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