accounting al ain
Excise tax is another form of taxation in Sharjah. It is imposed on specific goods that are deemed to be harmful to human health or the environment, such as tobacco products, sugary drinks, and energy drinks. The excise tax rates vary depending on the type of goods.
When it comes to taxation in Sharjah, it is crucial to keep accurate records and comply with the reporting requirements set by the FTA. Businesses in Sharjah must maintain detailed records of their taxable supplies, expenses, and purchases.
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