EP 05: TAXP008 Tax Assessment Reviews

VATP039 - Crypto Currency Mining

Welcome to Let’sTalkTax, your go-to podcast for UAE tax insights! In our special series, Daily VAT Clarity, hosts Max and Luna break down FTA VAT clarifications in a clear and engaging way. No jargon, no confusion—just expert analysis to help businesses, accountants, and tax consultants stay compliant. 🎙️ Follow the podcast for daily updates! 💬 Join the Let’sTalkTax WhatsApp group: ‎ Stay informed. Stay compliant.

VATP037 - Performing the function of Director on a Board of Directors by a Natural Person

Welcome to Let'sTalkTax! In our special series, Daily VAT Clarity, hosts Max and Luna simplify FTA VAT clarifications one document at a time. This series brings clarity to existing rules, making compliance easier for everyone—business owners, accountants, and tax consultants alike. 👉 Explore MusTax AI – Your trusted UAE Corporate Tax assistant: https://chatgpt.com/g/g-d7afbwMri-mustax-ai-letstalktax-uae-corporate-tax [https://chatgpt.com/g/g-d7afbwMri-mustax-ai-letstalktax-uae-corporate-tax] 👉 Join the Let'sTalkTax WhatsApp Group – Connect with experts in UAE VAT, Corporate Tax, AML, and UBO: https://chat.whatsapp.com/KP3F0o5YZcX60a8UK8Bdqs [https://chat.whatsapp.com/KP3F0o5YZcX60a8UK8Bdqs] Stay informed and simplify VAT with Let'sTalkTax!

EP 05: TAXP008 Tax Assessment Reviews

In this episode of “LetsTalkTax,” we break down the UAE Federal Tax Authority’s recent Public Clarification on the new optional mechanism for challenging tax assessments and penalties. Known as the Tax Assessment Review, this approach allows individuals to seek an independent review of their tax assessments by FTA officials before opting for a formal reconsideration. We’ll discuss who can request a Tax Assessment Review, the steps involved, and what options are available if the review outcome isn’t satisfactory. Tune in to understand how this update, under the Federal Decree-Law No. 28 of 2022 on Tax Procedures, could impact your tax compliance journey in the UAE.

EP 04: UAEFIU Feedback Report

In this episode, we dive into the United Arab Emirates Financial Intelligence Unit’s (UAEFIU) 2024 mid-year report, which examines suspicious activity (SARs) and suspicious transaction reports (STRs) filed by reporting entities. We discuss emerging trends, report quality, common pitfalls, and key recommendations for improving reporting practices to combat money laundering and terrorist financing. Plus, hear insights from a real case study with valuable lessons for future investigations.

EP 03: TAXP007-Grace Period

Welcome to ‘LetsTalkTax’, where we explore the latest in UAE tax regulations. This episode covers the Federal Tax Authority’s grace period from January 1, 2024, to March 31, 2025, allowing updates to tax records without penalties. We’ll break down what needs updating, the process for doing so, and how to reverse any penalties if they were previously imposed. Tune in to stay informed and compliant!