Complete Guide to VAT Reimbursement and Disbursement in the UAE
In commercial transactions, a person may incur expenses and then subsequently recover these expenses from another party. The VAT treatment of the amount recovered depends on whether the recovery is a "disbursement" or a "reimbursement". The difference between these, and their VAT treatments, are explained in the Public Clarification issued by Federal Tax Authority "Disbursements […]
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