July 4 2019

Decision on tax invoices and tax credit notes – issued

Source: IBFD Tax Research Platform News

On 26 May 2019, the Federal Tax Authority (FTA) published a new decision (Decision No. 7 of 2019) on tax invoices and tax credit notes. The decision is effective retroactively from 1 January 2018 and supersedes Decision No.3 of 2018.

The new decision states the following:

  • in the case where tax invoices or tax credit notes are required to be issued for different supplies, the taxable person may issue a single document that displays the wording as "Tax Invoice/Tax Credit Note"; and
  • the tax invoices or tax credit notes need not include the physical address of the supplier or the recipient if the respective mailing addresses are stated in the invoices and credit notes.