The Regulation defines VAT as the five per cent tax imposed on the import and supply of goods and services at each stage of production and distribution, including what is a deemed supply, with the exception of specific supplies subject to the zero rate and what is exempted as specified in the decree-law
The draft text of theExecutive Regulation for Federal Decree-Law
37 on the Executive Regulation of Federal Decree-Law
will take effect a day after its publication in the Official Gazette.
The board of directors adopted the proposed fees and fines, in accordance with the authority's responsibilities stipulated in Federal Decree-Law
In an official statement, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the Federal Tax Authority, said: "The Federal Decree-Law
issued by His Highness Sheikh Khalifa bin Zayed Al Nahyan is the bedrock of the UAE's planned tax system, which was designed to meet the most stringent of standards and best practices.
45) In the justification of the draft bill the government argued that the over-all consensus was that even though the regional preventive commissions and the Resolutive Commission did not fulfil requirements of administrative independence, specialization, dedication, and human and budgetary resources, they had accomplished their tasks successfully during the first thirty years of Decree-Law
amending and completing some provisions of the Criminal Code and the Criminal Procedures Code had been adopted last Friday by the Cabinet of the Interim Government.
One concern regards an Italian decree-law
of 18 February, which would provide that companies wishing to benefit from this aid would first (within 30 days of the decree-law
being adopted, according to the spokesperson) have to sign a protocol with the government.
Italy adopted a new Decree-Law
No 81 on 14 May 2005 amending the law in question.
Fishing and pearling is allowed at all maritime zones, except prohibited areas, under decree-law
20 of 2002, decree-law
45 of 2012 and edict 43 of 2017, on exploiting and protecting marine resources", he said.