Professional Standards for Tax Agents


FTA urges agents to ensure uninterrupted activity – “Professional Standards for Tax Agents”,

The Federal Tax Authority (FTA) has called on tax agents to comply with the five professional standards for tax agents, published in a new guide on the subject, in all of their transactions to ensure uninterrupted activity.

Titled “Professional Standards for Tax Agents”, the new guide was issued through the FTA’s official website, offering a detailed explanation of the standards and conditions required for practicing the profession of tax agent in the UAE. In the new guide, the FTA offered a detailed explanation of the five professional standards that should be met by tax agents, noting that a system has been put in place to track and ensure compliance with these standards. The system relies on three methods, first of which is reviewing the timeliness and accuracy of the Taxable Persons’ returns if they have appointed a tax agent. The second approach is monitoring requests for clarifications and other correspondence with the FTA sent by Tax Agents, in order to ensure that their professional and technical knowledge meets the level expected of them under the outlined professional standards.

The FTA has accredited 357 tax agents who meet the technical standards, conditions and qualifications required, and who have passed the exams set by the authority. The Federal Tax Authority explained that the Code of Ethics consists of five standards: integrity, objectivity, professional competence, confidentiality, and professional behavior. A person acting in their capacity as a tax agent is expected to uphold these standards, which ensure that they are committed to the Code of Ethics, developed by the FTA based on the common international standards expected from the tax profession generally, and in particular, required as part of the membership criteria of professional bodies governing standards in the tax profession.
FTA director general, Khalid Ali Al Bustani, underlined the important role that tax agents play in strengthening the relationship between the authority and taxable persons, improving compliance rates, raising awareness around the principles of the tax system and its executive and control regulations, and introducing the services and facilities the FTA offers to help taxpayers comply with regulations. The FTA has drafted and published a series of guides and public clarifications covering all legislative and executive aspects of local tax systems, including guides on tax agents and agencies, which outline the procedures and conditions for a tax agent to register with the authority. Al Bustani called on all authorized tax agents to take advantage of these manuals and publications and study them extensively to improve their knowledge of this vital sector, and provide accurate information to their clients, helping promote a healthy tax culture among businesses in the UAE.

The authority outlined a third and final method for monitoring tax agents and ensuring compliance with the new standards; it consists of monitoring correspondence received from taxable persons, including any official complaints, requests for reconsideration, and requests for exemption from or reduction of administrative penalties, which clearly state that relying on a tax agent contributed to the error being made. Courtesy – Khaleej Times

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