The Ministry of Finance (MoF) has known as on the general public to rely solely on official publications and posts issued by MoF and the Federal Tax Authority (FTA) relating to the Federal Decree-Legislation No. 47 of 2022 on the Taxation of Companies and Companies (the Company Tax Legislation) and the related Cupboard and Ministerial Selections.
The Ministry mentioned various posts circulating on social media and different platforms which can be issued by non-public events, comprise inaccurate and unreliable interpretations and analyses of Company Tax.
The general public is reminded that the Ministry of Finance and the Federal Tax Authority are the official sources of knowledge on Federal Taxes within the UAE. Subsequently, analyses that aren’t based mostly on official publications by MoF and FTA; or haven’t been commissioned by them, are unreliable and should comprise deceptive interpretations of the legislation.
The Ministry additionally warned of the authorized penalties of publishing and re-publishing such deceptive and unfounded evaluation of the Company Tax Legislation and the related Cupboard and Ministerial Selections, which shall be thought of a violation below Federal Decree-Legislation No. 34 of 2021 on Combatting Rumours and Cybercrime.
Observe Emirates 24|7 on Google Information.
