Tax Procedures Public Clarification Amendments to the Penalties Regime.
Issue
On 28 April 2021, the Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on Administrative Penalties for Violations of Tax Laws in the UAE (“Cabinet Decision No. 49 of 2021”)1 . Cabinet Decision No. 49 of 2021 amended some of the administrative penalties applicable to certain violations and allows for a redetermination of some of the penalties already imposed.
This Public Clarification provides detailed information on the introduced amendments to some of the administrative penalties.
Summary
Cabinet Decision No. 49 of 2021 amends certain penalties applicable to violations listed in the Tables appended to Cabinet Decision No. 40 of 2017 on Administrative Penalties for Violations of tax laws in the UAE (collectively referred to as “Cabinet Decision”).
Download the complete TAXP001 – Amendment of Penalties – 27 05 2021