Tax authority warns of data confidentiality

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Tax authority warns of data confidentiality
There have been several instances where companies have reached out to taxable persons requesting their registration data.

dubai - FTA has not authorised any company to request personal or corporate financial or accounting data

By Staff Report

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Published: Sun 10 Jun 2018, 7:12 PM

Last updated: Sun 10 Jun 2018, 9:14 PM

The Federal Tax Authority (FTA) said on Sunday that it had not authorised any company to request personal or corporate financial or accounting data from businesses registered with the Authority for tax purposes.

There have recently been several instances where companies have reached out to taxable persons requesting their registration data, the Authority explained.

In a statement, the FTA called on all registrants to be cautious and maintain the confidentiality of their personal information, stressing that in the event they are contacted by any entity requesting financial or accounting data, registered businesses must first verify that this entity has been formally authorised by the FTA.

It reaffirmed that registering for taxes, filing tax returns and other electronic services are available free of charge on its website and can be done in a few simple steps.

The FTA released eight educational awareness videos targeting businesses, introducing them to the four-step procedure for submitting tax returns.

- waheedabbas@khaleejtimes.com


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