The UAE will exempt cryptocurrency transfers and conversions from VAT
2024-10-06 11:50:58
United Arab Emirates value-added vat regulations amendments exemptions virtualdesk3cryptocurrencydesktopCrypto News
Amendments to the United Arab Emirates' Value Added Tax (VAT) regulations will exempt the transfer and conversion of virtual assets, including cryptocurrencies. PwC said the new regulations include VAT exemptions for additional services, including managing investment funds and transferring and converting virtual assets.
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