When it comes to taxes, businesses in Dubai often face complex challenges. It is no small feat to navigate the intricate tax landscape. Resolving tax disputes and appeals in Dubai can be a daunting process. Read on to find out what goes into the process of resolving tax disputes and appeals in Dubai.
Resolving Tax Disputes and Appeals in Dubai
Resolving tax disputes and appeals in Dubai is a multi-step process. It involves various stages and authorities. Here is a simplified guide to understanding this process:
1. Tax Assessment
The process begins with a tax assessment conducted by the Federal Tax Authority (FTA). This assessment determines the tax liability of the business. If your business disagrees with the assessment, you have the right to file an objection.
2. Objection
Filing an objection allows businesses to challenge the tax assessment if they believe it is incorrect or unjust. The objection must be submitted within 20 days of receiving the tax assessment. It’s essential to ensure that your objection is well-documented. You must support it with valid arguments and documentation.
3. Reconsideration
After filing an objection, the FTA will reconsider the tax assessment. If the FTA accepts the objections, they will amend the assessment accordingly. If we reject the objections, the business can proceed to the next stage.
4. Appeal
If the objections are rejected, businesses have the option to file an appeal with the Tax Disputes Resolution Committee (TDRC). The TDRC is an independent body established to review and resolve tax disputes. The appeal must be submitted within 20 days of receiving the FTA’s decision on the objection.
5. Hearing and Decision
The TDRC will schedule a hearing to review the appeal. This hearing provides businesses with an opportunity to present their case and arguments. After the hearing, the TDRC will issue a decision, which is final and binding.
6. Judicial Review
If the TDRC’s decision dissatisfies a business, the business can seek a judicial review through the courts. This is a legal process where a court examines the legality and fairness of the TDRC’s decision.
7. Settlement
In some cases, businesses may choose to settle the dispute with the FTA or the TDRC before reaching the judicial review stage. Negotiation and compromise can reach settlements.
How Corporate Tax Consultants Can Help
The process of resolving tax disputes and appeals in Dubai can be time-consuming and intricate. This is where experienced corporate tax consultants in Dubai play a crucial role. They can assist businesses in managing these matters effectively by providing:
1. Expert Advice
Tax consultants offer expert advice on the best course of action when facing a tax dispute. They analyse the situation and develop a strategic approach to resolve the issue.
2. Objection and Appeal Preparation
They can prepare well-documented objections and appeals. This ensures that all necessary documentation and arguments are presented correctly and convincingly.
3. Compliance Guidance
By working with corporate tax consultants, businesses can receive guidance on staying tax-compliant. This can help prevent disputes from arising in the first place.
4. Legal Expertise
If a dispute reaches the judicial review stage, corporate tax consultants can connect with legal experts to represent businesses in court.
Conclusion
Resolving tax disputes and appeals in Dubai is a challenging process that requires expert guidance. The right tax consultant can make all the difference in ensuring your business remains tax-compliant. They can also effectively resolve any tax disputes.
For expert assistance with corporate tax matters in Dubai, contact Al Zora today for a consultation. Our team of experienced professionals is ready to provide you with the expertise you need.
