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VAT Treatment of Options and Option Premiums

 alnuaimi  August 8, 2021

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Public-clarification-Option-premiumsDownload

There has been uncertainty regarding the VAT treatment of options supplied in return for premiums – specifically, whether they are exempt or taxable for VAT purposes. This Public Clarification clarifies the FTA’s views on this issue.

Supplies of options in respect of debt securities and equity securities in return for premiums are exempt from VAT.

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