Fri, December 13, 2024
[ Fri, Dec 13th 2024 ]: Business Line
Rekha Jhunjhunwala and RARE Enterprises-backed Inventurus Knowledge Solutions IPO enters Day 2
[ Fri, Dec 13th 2024 ]: Business Insider
Stock market today: Indexes end lower as tech slips and bond yields rise after PPI
[ Fri, Dec 13th 2024 ]: bnnbloomberg
HSBC Sent Stenn Into Administration Over Fears About Client List
[ Fri, Dec 13th 2024 ]: Forbes
Challenges And Opportunities Of Digital Transformation In US Law Firms
[ Fri, Dec 13th 2024 ]: Delaware County Daily Times
Today in Delaware County history, Dec. 13
[ Fri, Dec 13th 2024 ]: Moneyweb
GCR downgrades Sasfin Bank outlook, highlights regulatory risks
[ Fri, Dec 13th 2024 ]: Independent.ie
Bank of Ireland's app and online banking down as Christmas shopping reaches fever pitch
[ Fri, Dec 13th 2024 ]: Daily Express
Santander, Barclays, TSB and Halifax cut home loan rates ahead of Stamp Duty crunch
[ Fri, Dec 13th 2024 ]: The New York Times
What Is Venture Capital Now Anyway?
[ Fri, Dec 13th 2024 ]: China Briefing
China Expands Private Pension Scheme Nationwide Following Two-Year Pilot Program
[ Fri, Dec 13th 2024 ]: Seeking Alpha
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
[ Fri, Dec 13th 2024 ]: Indiatimes
Sensex Today | Stock Market LIVE Updates: Sensex .. , Nifty below 24,400; metal stocks under pressure
[ Fri, Dec 13th 2024 ]: The New Zealand Herald
Gloriavale CEO says court backing BNZ to close accounts won't be end of the community
[ Fri, Dec 13th 2024 ]: Reuters
Exclusive: Aviva's India officials approved brokerage model queried by taxmen
[ Fri, Dec 13th 2024 ]: Business Recorder
Sri Lanka says Adani port project to continue despite US charges
[ Fri, Dec 13th 2024 ]: MSN
How SAP's (SAP) AI Integration is Changing the Mobile Business Experience
[ Fri, Dec 13th 2024 ]: Mint
Bajaj Finance pivots to profitability with AI, scales back payments ambitions
[ Fri, Dec 13th 2024 ]: Yahoo Finance
Ahead of Trump's inauguration, Trump Organization expands its global business
[ Fri, Dec 13th 2024 ]: Business Standard
Life insurers adjust term premiums ahead of business end of financial year
[ Fri, Dec 13th 2024 ]: businesslive.co.za
Nedbank CIB backs DRDGold with R2bn for mining expansion
[ Fri, Dec 13th 2024 ]: MSN
Virgo Daily Horoscope Today (Aug 23- Sept 22) December 13, 2024: Increase politeness in speech!
[ Fri, Dec 13th 2024 ]: moneycontrol.com
Personal Finance: Why the angst against SIP is futile
[ Fri, Dec 13th 2024 ]: Arabian Business
Major changes to UAE's VAT rules impact fund mana .. and virtual asset traders - All you need to know
Thu, December 12, 2024
[ Thu, Dec 12th 2024 ]: NDTV
3 Indians Shine On Forbes' 2024 World's Most Powerful Women List
[ Thu, Dec 12th 2024 ]: Indiatimes
Sensex Today | Stock Market LIVE Updates: Sensex .. , Nifty tests 24,400; metal stocks under pressure
[ Thu, Dec 12th 2024 ]: The Boston Globe
Nearly half of US teens are online 'constantly,' Pew report finds
[ Thu, Dec 12th 2024 ]: Business Today
Stock recommendations by analyst for December 13: Mazagon Dock, Torrent Power and Tourism Finance
[ Thu, Dec 12th 2024 ]: Trinidad Express Newspapers
Mala Baliraj new chairperson at Energy Chamber
[ Thu, Dec 12th 2024 ]: The Daily Star
US lauds interim govt for qualitative changes in labour rights
[ Thu, Dec 12th 2024 ]: Drexel University
Faculty Highlights: Recent Awards and Grants
[ Thu, Dec 12th 2024 ]: The Hill
'Pop-up' super PAC raises eyebrows
[ Thu, Dec 12th 2024 ]: Business Wire
Slope Taps Marqeta to Power Buy Now, Pay Later Ca .. s And Marketplaces To Offer Flexible Loan Options
[ Thu, Dec 12th 2024 ]: moneycontrol.com
Trade Spotlight: How should you trade LTIMindtree .. HCL, Muthoot Finance, TTML, and others on Friday?
[ Thu, Dec 12th 2024 ]: Finance & Commerce
On the Market: Mid-century properties with potential
[ Thu, Dec 12th 2024 ]: Couriermail
'Doesn't have to be like that': Proof RBA has stuffed up interest rates
[ Thu, Dec 12th 2024 ]: Insider Monkey
How To Get A Crypto License in Lithuania - A Complete Guide
[ Thu, Dec 12th 2024 ]: The Motley Fool
Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year's End in 2025
[ Thu, Dec 12th 2024 ]: AOL
What Cruise's self-driving end means for Tesla and Waymo: Morning Brief
[ Thu, Dec 12th 2024 ]: Yahoo Finance
In Celebration of its 25th Anniversary, the JW Ma .. ort at Summerlin Unveils a $75 Million Renovation
[ Thu, Dec 12th 2024 ]: CoinDesk
Did Crypto Cash Break the U.S. Elections?
[ Thu, Dec 12th 2024 ]: Reuters
Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms
[ Thu, Dec 12th 2024 ]: Los Angeles Times
The Failing Essence of American Democracy and the Need for Reform
[ Thu, Dec 12th 2024 ]: Business Standard
HSBC, IFC launch $1 bn trade finance programme for emerging markets
[ Thu, Dec 12th 2024 ]: MSN
Freeland to miss her target, thanks to Trudeau
[ Thu, Dec 12th 2024 ]: birmingham.ac.uk
Navigating an ethical and sustainable path to a fairer world
[ Thu, Dec 12th 2024 ]: Seeking Alpha
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
[ Thu, Dec 12th 2024 ]: Kiplinger
A Checklist for Retiring in 2025
[ Thu, Dec 12th 2024 ]: Crain's New York
Police investigate NYC 'wanted' posters of finance executives

Major changes to UAE's VAT rules impact fund managers and virtual asset traders - All you need to know

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. -virtual-asset-traders-all-you-need-to-know.html
  Print publication without navigation Published in Business and Finance on by Arabian Business
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Fund managers now have a VAT exemption for services provided independently to funds licensed by a competent authority in the UAE. Image: Shutterstock Major changes to the UAE's Value Added Tax (VAT) rules took effect on Nov. 15, with fund managers and ...
The article from Arabian Business discusses significant changes to the UAE's Value Added Tax (VAT) rules that will impact fund managers and virtual asset traders. Effective from January 1, 2023, these changes include the introduction of a reverse charge mechanism for certain supplies, which means that the recipient of the supply, rather than the supplier, will be responsible for accounting for VAT. This is particularly relevant for services provided by foreign fund managers to UAE-based funds, where the UAE fund will now account for VAT. Additionally, the treatment of virtual assets like cryptocurrencies has been clarified; trading in virtual assets is now considered an exempt supply, meaning no VAT is charged on these transactions. However, this exemption could lead to input VAT recovery issues for businesses dealing in virtual assets. The changes aim to align the UAE's VAT framework more closely with international standards, potentially simplifying compliance for multinational entities but also introducing new complexities in VAT management for local businesses.

Read the Full Arabian Business Article at:
[ https://www.arabianbusiness.com/industries/banking-finance/major-changes-to-uaes-vat-rules-impact-fund-managers-and-virtual-asset-traders-all-you-need-to-know ]