Salik will retrospectively apply a 5% Value Added Tax (VAT) to toll revenue and associated charges for the period from July 1, 2022, to March 31, 2026.
The company will settle approximately AED 471 million with the Federal Tax Authority (FTA), covering retrospective VAT amounts and late payment penalties.
The Roads and Transport Authority (RTA) will fully reimburse Salik for the total settlement amount through an existing contractual compensation mechanism designed to protect shareholder interests.
The financial impact and corresponding RTA compensation will be recognized in the financial statements for the six-month period ending June 30, 2026, while discussions regarding future VAT implementation remain ongoing.
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