BDO reports UAE extends e-invoicing ASP appointment deadline
The extension moves the deadline to 30 October 2026 for high-revenue businesses, but the go-live date remains 1 January 2027.
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In short: BDO faced regulatory fines and legal disputes while expanding its AI capabilities and reporting record global revenues of $15 billion for 2024.
The extension moves the deadline to 30 October 2026 for high-revenue businesses, but the go-live date remains 1 January 2027.
The tribunal ruled that an undisclosed counter-guarantee triggers a transfer pricing adjustment but limited it to a guarantee fee.
The ERR mandates real-time reporting of nontaxable payments; Revenue uses data analytics for cross-referencing and has issued Level 1 intervention notifications.
The Court held that such adjustments do not constitute taxable supply unless a reciprocal legal relationship exists.
The Financial Reporting Council also handed one of the accounting firm’s most senior partners, Geraint Jones, a fine.
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