Excise Tax in the UAE - Shuraa Tax
Excise tax in the UAE is a form of indirect taxation imposed on specific goods that are considered harmful to health or the environment. It was introduced in 2017 as part of the UAE's commitment to diversifying its revenue sources. Excise tax helps in regulating the consumption of these goods while generating revenue for the government.
At Shuraa Tax, we offer expert advice and comprehensive tax services, including excise tax compliance for businesses in the UAE.
Excise tax is levied on certain products that are harmful to human health or the environment. The purpose of the tax is not only to generate revenue but also to discourage the consumption of products like tobacco, sugary drinks, and energy drinks. UAE Excise tax is separate from VAT (Value Added Tax), and it is applied at the point of importation or production.
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Comments (1)
Alan Jake
8
I like to work
Very informative. I was looking information for excise tax in UAE and finally i got it here.