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UAE Federal Tax Authority Publishes VAT Guide for the Automotive Sector

|Approved Changes|United Arab Emirates
United Arab Emirates

The UAE Federal Tax Authority has published a VAT Guide for the Automotive Sector (VATGAM1), which is dated 29 June 2021. The guide covers the VAT treatment of the sale of cars in the UAE, the sale of used/pre-owned cars in the UAE, the lease of cars, the export of cars, the import of cars, and other related matters.

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Overview

Short brief

VAT was introduced with effect from 1 January …

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