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HomeCrypto NewsUnited Arab Emirates (UAE) Exempts Crypto Transactions From Value Added Tax (VAT)
United Arab Emirates (UAE) Exempts Crypto Transactions From Value Added Tax (VAT)
Crypto News

United Arab Emirates (UAE) Exempts Crypto Transactions From Value Added Tax (VAT)

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“The UAE has essentially classified virtual assets in the same bucket as traditional financial services – several of which are already exempt from VAT. This legitimizes VAs,” said Ankita Dhawan, a senior associate at Métis Institute, a dispute resolution think tank.

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