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Government 1 min read 82 views

Federal Tax Authority Showcases Key Initiatives During UAE Innovates 2022

The Federal Tax Authority (FTA) has launched several initiatives as part of UAE Innovates 2022, which is taking place across the UAE throughout this month. The UAE Innovates 2022 initiative aims to promote a culture of government innovation by engaging the community in ambitious projects to design future experiences and develop initiatives that support the governments plans to forecast and shape a better future, in collaboration with individuals and entities.

His Excellency Khalid Al Bustani, Director-General of the Federal Tax Authority, asserted the Authoritys commitment to participating in the annual activities of the UAE Innovates initiative. Through its participation, FTA encourages innovation and engages the public in the digital transformation process and the National Innovation Strategy, which aims to position the UAE among the most innovative countries around the world.

The directives of our wise leadership have allowed us to forecast the future and set effective strategies and initiatives to develop government systems and enhance quality of life in a sustainable environment, H.E. added. The UAE has successfully laid the foundations for an advanced digital infrastructure, embracing the most cutting-edge technology available worldwide. To drive digital transformation, we must prioritise innovation and excellence and accelerate the pace of innovation and digitalisation to meet the requirements of systems integration.

His Excellency Khalid Al Bustani added: By participating in national events, the Authority aims to promote innovation across its operating systems and encourage its team to innovate. This, in turn, will have a positive impact on the quality of services and will ultimately enhance customer happiness. The Authority is committed to upgrading its services by establishing an advanced digital infrastructure, an integrated electronic services system, and adopting advanced technologies. We are keen on strengthening the FTAs strategic partnerships with the government and private sectors, in line with the UAEs principles for the next 50 years.

The Authority explained that the VAT Refund Scheme for Tourists had played a critical role in supporting visitors of Expo 2020 Dubai. The fully integrated electronic system allows for creating a direct link between 13 air, land, and maritime entry and exit ports across the UAE, on one hand, and more than 13,800 stores registered with the FTA, on the other. The retailers help verify the eligibility of tourists for the refund scheme.

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