New amendments to the executive regulations of the Tax Procedures Law will enter into force in 2026
ABU DHABI, 1st April / WAM / The Ministry of Finance announced the issuance of amendments to Cabinet Resolution No. 74 of 2023 regarding the executive regulations of Federal Decree Law No. 28 of 2022 regarding tax procedures, based on the amendments approved by Decree Federal Law No. 28 of 2022 regarding amended tax procedures, which was implemented as of January 1, 2026.
According to a press release issued today, the amendments include: clarifying the mechanisms for submitting the voluntary declaration and aligning them with the amendments to the Tax Procedures Law, clarifying that the recovery procedures include any credit balance of the taxpayer, amending the disclosure mechanisms to the competent government agencies, with an emphasis on protecting the confidentiality of data and the limits of its use, in addition to extending the record retention period for an additional two years for tax periods related to a refund request that was submitted before the expiration of the statute of limitations and the Authority has not issued a decision on it, and adding the possibility of extending the period of withholding documents or assets for the purposes of tax auditing.
The Ministry confirmed that these measures aim to enhance transparency, facilitate the compliance of those subject to the tax, and ensure the accuracy of tax procedures while protecting their rights, noting that these amendments will come into effect starting April 1, 2026.
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