FTA uncovers tax violations worth AED 71.48 million

Supplied

Tax violations amounting to AED 71.48 million was uncovered by Federal Tax Authority (FTA) in local markets across the UAE.

The authorities conducted over 2,200 field inspections during the second quarter of this year, finding over 650 violations.

The FTA has intensified its inspection campaigns in collaboration with the Ministry of Economy, the Federal Customs Authority and other competent authorities to ensure compliance with tax legislation and procedures.

The field inspections conducted during the second quarter of 2021 detected 2.86 million unregistered tobacco products that did not bear the Digital Tax Stamp (DTS).

Another 202,000 excise goods, including carbonated beverages, energy drinks, and sweetened drinks, also failed the inspection, according to Sara Al Habshi, Director of the FTA’s Tax Compliance and Enforcement Department.

According to FTA Director-General Khalid Ali Al Bustani, these raids are essential to "protect consumers and combat tax evasion". 

More from Business

  • Sharjah Crown Prince discusses energy strategy with UAE Minister

    His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, held talks on energy strategy and infrastructure development with Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, during a meeting in Sharjah on Tuesday.

  • Dubai’s Saddle Café opens outlet in Courchevel, French Alps

    Dubai-born specialty coffee brand Saddle Café has opened its first-ever outlet in Courchevel, marking a significant milestone in its international expansion and introducing an Emirati-founded café concept to one of Europe’s most exclusive winter destinations.

  • UAE leads high-level delegation to Egypt for CEPA negotiations

    Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.

  • Sharjah Ruler approves 2026 general budget of AED 44.5 billion

    His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.

  • Andre Agassi to headline 11th Dubai International Project Management Forum

    Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.

News

  • UAE denies involvement in Yemeni tensions

    The UAE has expressed its concern regarding the statement released by Saudi Arabia, categorically rejecting any attempt to implicate the country in tensions among Yemeni parties

  • UAE announces removal of remaining forces in Yemen

    The UAE's Ministry of Defence has announced the termination of the remaining counterterrorism personnel in Yemen of its own volition, in a manner that ensures the safety of its personnel and in coordination with the concerned partners following the ongoing developments in Yemen.

  • 1 Billion Followers Summit labeled as 'largest gathering for content creators'

    Saeed Al Eter, Deputy Minister of Cabinet Affairs for Strategic Projects and Chairman of the UAE Government Media Office, has affirmed that the 1 Billion Followers Summit has, in four years, evolved into "the world's largest gathering for content creators," the event kicking off on January 9.