United Arab Emirates: Implemented 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
Implemented 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 15 November 2024, 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 enters into force. The amended regulation provides additio…
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