Home GCC UAE UAE Federal Tax Authority conducts 9,948 inspection visits in H1 2022 Inspections conducted in the first half of 2022 increased by 104 per cent compared to 4,878 conducted in 2021 by Gulf Business July 22, 2022 The Federal Tax Authority (FTA) expanded its efforts in collaboration with various government departments, ministries and authorities to protect consumers from non-compliant products, combat tax evasion, and ensure compliance with tax legislations and procedures. During the first half of this year, the FTA carried out 9,948 inspection visits in local markets across the country in collaboration with the Ministry of Economy, the Federal Authority for Identity, Citizenship, Customs, and Port Security and various departments of Economic Development across the country. According to state news agency WAM, inspections conducted in the first half of 2022 increased by 104 per cent compared to 4,878 inspections conducted in 2021 during the same period. Federal Tax Authority increases inspections visits 104 percent in 6 months #WamNews https://t.co/tJQzqQuB2G pic.twitter.com/UaDK58OVJW — WAM English (@WAMNEWS_ENG) July 22, 2022 In a press statement, the authority confirmed that the campaign aims to strengthen market control through intensified market inspections, provide highest levels of protection for consumers, combat commercial fraud and prevent the trade of inferior and counterfeit products. The authority explained that the inspections resulted in the seizure of 5.5 million packages of tobacco products not bearing ‘Digital Tax Stamps.; A further 1.07 million packages of selected goods, including soft drinks, sweetened beverages, and energy drinks, were valued at Dhs130.4m in tax liabilities. The Federal Tax Authority intensifies its monitoring efforts to achieve compliance, combat tax evasion and control markets, as it carried out 9,948 inspection visits in local markets, pic.twitter.com/WxqlfEz6y3 — Federal Tax Authority – الهيئة الاتحادية للضرائب (@uaetax) July 22, 2022 The authority indicated that the effective control of the markets contributed to the detection of facilities violating tax laws, as 1,213 violations were issued during the field inspection visits carried out in the first half of 2022, while 404 notice of non-registration were sent to violating entities. Tags Citizenship Federal Authority for Identity Federal Customs Authority Federal Tax Authority Ministry of Economy tax 0 Comments You might also like UAE set to roll out 15% tax for global corporate giants Bahrain’s new domestic minimum top-up tax: What it means for multinationals Women must be on boards of private joint-stock firms, UAE announces Grant Thornton’s Hisham Farouk on trade, sustainable finance and ESG