UAE whistle-blower program for tax violations to begin on April 15

  DUBAI – Whistle-blowers in the UAE can receive cash reward for information on tax violations and tax evasion under a new whistle-blower program. According to the Federal Tax Authority (FTA), the whistle-blower program for tax violations and tax evasion will take effect beginning on Friday (April 15). The program grants the informants with monetary rewards if the report leads the FTA to collect tax amounts worth more than Dh50,000. The FTA launched the program in line with a Cabinet decision to raise the level of tax compliance in the UAE and reduce tax evasion cases. Under the program, the FTA can receive reports from individuals on tax evasion cases, tax-related fraud, and violations of tax legislation. It also allows the authority to verify the reports and grant cash rewards to informants when certain conditions are met. In a press statement on Thursday (April 14), the FTA explained that the whistle-blower program for tax violations and evasion aims to enhance transparency and competitiveness in the field of doing business, raise tax compliance rates, and boost tax awareness and society’s confidence in the tax system. The program also motivates individuals to carry out their social responsibilities and contribute to combating tax violations. The FTA called on all community members to participate in the efforts through the program, which provides an easy and clear mechanism for reporting tax violations. Reporting information can be done through the FTA’s website, which also includes a comprehensive guide on the program, how to report, the criteria and mechanism for obtaining monetary rewards for reporting, and other introductory, legal and procedural matters related to the program. According to the FTA, any information relayed will be dealt with utmost confidentiality that protects the identity of the informants and provides them will full protection. “Tax evasion is one of the most significant challenges which the tax systems around the world face, considering that it is illicit practice that is harmful to the economic systems, and curbing such practices requires joint efforts from the government and society," said Khalid Ali Al Bustani, Director General of FTA. "By implementing the whistle-blower program for tax violations and evasion, the FTA strives to provide an opportunity for all segments of the community to contribute to regulatory efforts, help protect markets and public funds from tax evasion, drive compliance among all taxpayers, and prevent illegal practices," Bustani added. ICA/Expat Media
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