GTL Summary:

Article 48 of the UAE Tax Procedures Law specifies the process for setting timeframes when they are not explicitly defined in the Decree-Law or Tax Law. It mandates the Federal Tax Authority to grant a Taxable Person an appropriate period to perform any such obligation or procedure. This period must be no less than five and no more than forty Business Days, commencing from the date of the triggering event. The provision also grants the Authority the discretion to extend this assigned period, ensuring flexibility based on the nature of the specific obligation or procedure in question.