FTA and City University Ajman Forge Partnership to Elevate Tax Education
The Federal Tax Authority (FTA) has embarked on a strategic alliance with City University Ajman, signing a memorandum of understanding (MoU) that paves the way for a collaborative effort to enhance tax education and professional training within the community.
Strengthening Tax Awareness and Education
This partnership is set to foster a robust exchange of expertise and resources, aiming to bolster growth across local, federal, and private sectors. The initiative is particularly focused on disseminating tax knowledge through academic channels and incentivizing the pursuit of tax-related studies.
A Union of Expertise and Academia
The MoU was formalized by His Excellency Khalid Ali Al Bustani, Director-General of the FTA, and Mr. Imran Khan, President of City University Ajman. This agreement marks a commitment to integrate specialized tax-related content into academic curricula across disciplines such as accounting and law, and to develop comprehensive training courses on Value Added Tax (VAT) and Corporate Tax.
Collaborative Goals for a Knowledge-Driven Future
The collaboration extends beyond the classroom, encompassing:
- Joint efforts in research, studies, and surveys
- Provision of scholarships and financial incentives for academic and professional courses
Cultivating a Tax-Conscious Culture
H.E. Al Bustani emphasized the MoU’s alignment with the FTA’s vision to nurture a tax-compliant culture, adhering to governance and transparency standards. Continuous awareness campaigns are planned to educate all community segments about tax legislation and procedures.
Building Professional Tax Expertise
The agreement is a testament to the FTA’s dedication to enhancing professional skills in the tax domain and related sectors. It underscores the importance of strategic partnerships with educational institutions in the successful implementation of the tax system, supporting the UAE’s vision of a knowledge-based economy.
A Visionary Step by City University Ajman
Mr. Imran Khan expressed enthusiasm for the partnership’s potential to promote transparency and tax compliance. He highlighted the value of integrating tax education into the university’s curriculum and the practical benefits it will bring to students’ future careers.
In Conclusion
The collaboration between the FTA and City University Ajman is a significant stride towards enriching tax education and professional development. It promises to cultivate a well-informed tax culture and equip the next generation with the skills necessary for a thriving professional journey in taxation.
