Monday, October 7, 2024

UAE Exempts Crypto Transactions From Value Added Tax

The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.

source https://www.coindesk.com/policy/2024/10/07/uae-exempts-crypto-transactions-from-value-added-tax/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

No comments:

Post a Comment

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% ch...