Alex France
6
2023
May 19, 2023 12:43 PM

Can tax be avoided?

Can tax be avoided?

All Replies (6)
Nandana Nithiyanandan
8 months ago

Tax cannot be avoided. Once you are a registered entity under vat, it should be paid else will be penalized.


Josna Thomas
8 months ago

Although avoidance is not a possibility unless there are legal exemptions, tax can be greatly lowered by careful preparation.



Jayadev Menon
10 months ago

Though avoidance is not an option unless exemptions provided by law , through effective planning, Tax can be reduced to a great extent


Bryce Dsouza
10 months ago

No, tax cannot be avoided in the UAE. The UAE has implemented a Value Added Tax (VAT) at a standard rate of 5% on most goods and services, and it is the legal obligation of every individual and business to pay their taxes in full and on time. Failure to do so can result in penalties, fines, and legal action. While there are legal ways to reduce your tax liability, such as taking advantage of tax deductions and credits, avoiding or evading taxes is illegal and can result in serious consequences.


Alexandra
11 months ago

Individuals in the UAE do not pay income tax, and businesses are exempt from corporate tax until June 2023.


Sam Alex
11 months ago

There are many legal ways to avoid or minimize tax, Many businesses and individuals Do that with the help of expert tax consultants 


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