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Frequently Asked Questions on VAT

Last updated on 17 August, 2018


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Do I need to reissue tax invoices with the exchange rate published by the Central Bank of UAE?

No, you don’t need to reissue tax invoices that were created between January 1 and May 16, 2018, as long as the exchange rates used were from reliable sources (like Thomson Reuters, Oanda, or UAE banks) and the same source was used consistently for all the invoices.

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