{"id":1029,"date":"2020-10-27T10:02:12","date_gmt":"2020-10-27T10:02:12","guid":{"rendered":"https:\/\/mbbauditing.com\/staging\/8512\/?p=1029"},"modified":"2026-02-18T09:25:28","modified_gmt":"2026-02-18T09:25:28","slug":"major-amendment-in-the-uae-tax-litigation","status":"publish","type":"post","link":"https:\/\/mbbauditing.com\/staging\/8512\/major-amendment-in-the-uae-tax-litigation\/","title":{"rendered":"Major Amendment in the UAE Tax Litigation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1029\" class=\"elementor elementor-1029\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2fc3905 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"2fc3905\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e761542\" data-id=\"e761542\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1ba7e1 elementor-widget elementor-widget-image\" data-id=\"c1ba7e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"283\" src=\"https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation.-300x283.png\" class=\"attachment-medium size-medium wp-image-1082\" alt=\"Latest UAE tax news: major amendment in the UAE tax litigation.\" srcset=\"https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation.-300x283.png 300w, https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation.-1024x967.png 1024w, https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation.-768x725.png 768w, https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation.-1536x1450.png 1536w, https:\/\/mbbauditing.com\/staging\/8512\/wp-content\/uploads\/2020\/10\/UAE-tax-ligitation..png 1757w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fd659bd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fd659bd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b16bdf\" data-id=\"4b16bdf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cad0f8f elementor-widget elementor-widget-heading\" data-id=\"cad0f8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-xl\">Latest UAE tax news: major amendment in the UAE tax litigation.<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52b61ba elementor-widget elementor-widget-text-editor\" data-id=\"52b61ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\"><span lang=\"EN-US\">The UAE Federal Supreme Court passed its judgement on 14<sup>th <\/sup>October 2020 on appeal filed by UAE Federal Tax Authority (FTA) in relation to Court\u2019s appeal regarding the imposition on penalties resulting from Voluntary disclosure.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-720617a elementor-widget elementor-widget-heading\" data-id=\"720617a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Latest UAE tax news: Supreme Court ruling highlights<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51eee99 elementor-widget elementor-widget-text-editor\" data-id=\"51eee99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>UAE Supreme Court decided the following changes: &#8211;<\/p><ol><li>Late payment penalties should also apply to voluntary disclosures in the UAE tax news, i.e., up to 300% on tax dues.<\/li><li>Now, late payment penalties apply not from the date of voluntary disclosure but from the due date itself. For Example, A person discovers a mistake in his tax return from January 2018 and makes a voluntary disclosure in January 2020, the penalty for the late payment will be calculated from January 2018.<\/li><li>The Voluntary disclosure results in the FTA applying a percentage-based penalty of 5%, calculated based on the tax amount difference between the value in the voluntary disclosure and the original tax return, tax assessment, or tax refund.<\/li><\/ol><p>FTA applies a late payment penalty to voluntary disclosure:<\/p><ul><li>Immediately &#8211; 2%;<\/li><li>After the first week, 4%; and<\/li><li>1% daily up to a maximum of 300%<\/li><li>The judgement may affect the upcoming future decisions to be issued by various tax dispute committees and Federal Courts.<\/li><\/ul><p><a href=\"https:\/\/www.lexology.com\/library\/detail.aspx?g=c4bd94be-eb65-4cb4-a050-7e9689054942\" rel=\"nofollow noopener\" target=\"_blank\">Click here<\/a> to read this article for better understanding of the this topic.\u00a0<\/p><h6>Image courtesy <a href=\"http:\/\/www.freepik.com\" rel=\"nofollow noopener\" target=\"_blank\">Designed by macrovector \/ Freepik<\/a><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Latest UAE tax news: major amendment in the UAE tax litigation. The UAE Federal Supreme Court passed its judgement on 14th October 2020 on appeal filed by UAE Federal Tax Authority (FTA) in relation to Court\u2019s appeal regarding the imposition on penalties resulting from Voluntary disclosure. Latest UAE tax news: Supreme Court ruling highlights UAE [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":16063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[125],"tags":[22,24],"class_list":["post-1029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ministerial-decisions","tag-uae","tag-uae-tax-news"],"_links":{"self":[{"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/posts\/1029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/comments?post=1029"}],"version-history":[{"count":0,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/posts\/1029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/media\/16063"}],"wp:attachment":[{"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/media?parent=1029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/categories?post=1029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mbbauditing.com\/staging\/8512\/wp-json\/wp\/v2\/tags?post=1029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}