How Can I Solve A Tax Dispute In UAE?

 


Tax audit is a significant segment of the Federal tax authorities’enforcement program. Managing authorities can be a little challenging regarding documentation requirements, deadlines for submitting explanation & comprehension of the tax audit & tax regulations processes. Businesses are needed to conform with the requirements of tax audit inside specific periods, which involves the different important groups to respond rapidly and suitably and the overall cycle to be overseen viably. The absence of significant staff insight and clear cycle to deal with the tax audit prerequisites may prompt tax assessments & penalties, with a danger of potential reputational harm. The following are the reasons for possible FTA penalties. 

  • If a person not being registered as required.
  • If one fails to submit a tax return.
  • Failing to settle payable tax.
  • Incorrect tax return submitted.
  • Intentionally impeding FTA authorities from carrying out their duties. 
  • Purposely failing to settle payable tax or penalty.
  • Withholding documents rather than submitting to the FTA.
  • Misusing materials or documents in the FTA’s possession.
  • Creating a planned understatement value.
  • A person makes tax payment however there is a gap in payable tax because of tax evasion.
  • Submitting incorrect documents to FTA.

Beforehand the taxpayer can dispute the Federal tax Authority fines as it is essential that he must have to pay all the issued FTA penalties.

Method to Resolve the Tax Dispute

1.      Application for Reconsideration

If an individual thinks that the decision taken by FTA was wrong or there were any downsides in their decision, they may apply to the FTA Authority straightforwardly for reconsideration. This is carried out by applying for reconsideration in 20 days of the notification of a decision like notification of a penalty assessment or a tax assessment. The FTA would consider the application & decide inside twenty days of the application, & afterwards inform the candidate regarding the decision in 5 days of its decision.

 

2.    Tax Disputes Resolution Committee (TDRC)

The TDRC was established to provide an independent review of TAX disputes. So, they are requested for reviewing the decision & the review should be carried out within 20 days from the date of notification of the Authority’s decision. The Tax Disputes Resolution Committee is outside the Ministry of Finance & is under the jurisdiction of the Cabinet and the Ministry of Justice. After submitting the request for reconsideration of the FTA decision, an individual may appeal to the TDRC with jurisdiction over the issue for the review of the FTA decision, which the TDRC will consider and settle on inside twenty days. The TDRC may stretch out this deadline to a total of 40 days and will inform the applicant in 5 days regarding its decision.

3.    Judicial Appeal

If the amount by Tax Disputes Resolution Committee is less than AED 100,000, it is to be viewed as final however for the amount greater than that can be appealed to the federal court. Furthermore, the application for judicial appeal should be filed within 20 days of the decision taken by TDRC. The decision then filed will be considered final & won't be continued any more. 

Tax Dispute Resolution Services in UAE

If you are looking for the help of the certified VAT consultants in UAE for preventing tax disputes and resolving challenges. Then without any doubt, you can approach ARC Associates, the best TAX services in Dubai, Sharjah, Abu Dhabi & all over the UAE. As a Certified Tax Agent in UAE through FTA, we have a team of experts who are highly qualified in assisting businesses in preventing, preparing, managing & responding to challenges by tax authorities. We provide the top-notch Tax Dispute Resolution Services in UAE & developing a strategy from the beginning guarantees the peak levels of quality and achievement.

Location: United Arab Emirates

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