UAE VATP004 – Use of Exchange Rates for VAT Purposes

Last modified: August 31, 2021

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UAE VATP004 – Use of Exchange Rates for VAT Purposes

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General

The Federal Tax Authority published a VAT Public Clarification for the source and use of exchange rates when either issuing a Tax Invoice in foreign currency or receiving invoices in foreign currency for the import of goods or services.

Public Clarification

Date Published: July 2018

Status: In force

Written by: mbrotzakis

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