VAT treatment of properties

VAT treatment of properties

VAT treatment of properties
The Federal Tax Authority (FTZ) has clarified that all owners of commercial buildings, developers, providers of service to the commercial or residential property sector should register before 31 December 2017 if their taxable supplies made and imports received exceed Dh375,000 for the last 12 months. words “tax invoice” and TRN on all invoices, submitting tax return, paying tax, etc.
VAT treatment of properties

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