As economic uncertainty redirects towards a reexamination of working capital positions and cashflow management, the Tax function has a significant role to play.
Value added tax (VAT) is still comparatively new in the United Arab Emirates (UAE) and many businesses may still be navigating a learning curve. Now is a timely opportunity to revisit the positions adopted upon VAT implementation prior to 1 January 2018. We can assist you in ensuring that not only have you addressed your risk, but perhaps more importantly optimized any upside potential:
UAE multinational groups, holding companies and funds with an international tax footprint can consider a number of ways to potentially improve their cash tax position:
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