United Arab Emirates: Adopted amended executive regulation of the federal decree-law No. 8 of 2017 on value added tax exempting cryptocurrency transfers and conversions from value-added tax
Description
Adopted amended executive regulation of the federal decree-law No. 8 of 2017 on value added tax exempting cryptocurrency transfers and conversions from value-added tax
On 6 September 2024, the Cabinet of the United Arab Emirates adopted the amended executive regulation of the federal decree-law No. 8 of 2017 on value-added tax (VAT), exempting cryptocurrency transfers and conversions from value-added tax. The amen…
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government