Exempt Persons under the UAE Corporate Tax
Corporate Tax exemptions are allocated to certain persons, classified as ‘Exempt Individuals,’ serving specific public interests and policy objectives, among […]
Compute Tax Returns under Corporate Tax UAE
On November 11, 2024, the Federal Tax Authority in the UAE released “Tax Returns: Corporate Tax Guide | CTGTXR1” containing the
Benefits of Double Taxation Treaties (DTTs) for Companies Operating in the UAE
The proliferation of tax treaties provides several benefits for the UAE. It encourages the flow of goods and services across
Recent Update of Tax Treaty Between Egypt and the UAE
To avoid double tax, the UAE and Egypt signed a Double Tax Treaty (DTT). This agreement extends the meaning of Permanent Establishment (PE)
UAE Canada Double Tax Treaty Explained: Tax Benefits for Non-Residents
Non-residents of Canada who earn income from Canadian sources must navigate not only the Income Tax Act (ITA) but also
UAE KSA Double Tax Treaty
Saudi Arabia entered into a Double Tax Treaty with UAE in March 2019 that was subsequently made public through its publication
UAE Corporate Tax Deductible Expenses 2024: Full List, FTA Rules & Penalties
Corporate Tax & Expenses: An Overview The UAE corporate tax law dismisses or prohibits certain expenses to be deducted. This is done so that
Deductible Expenditure for Corporate Tax Purposes in UAE
This article outlines the rules and conditions for deductible expenditure in computing taxable income for corporate tax purposes. Whereas, the
Companies to comply with CBC Reporting under Corporate Tax UAE
For the implementation of guidelines set by the OECD (Organization for Economic Cooperation and Development) which is a component of BEPS (base
Country-by-Country (CbC) Reporting for UAE Corporate Tax
The Ministry of Finance (MOF), UAE, through Cabinet Resolution No. 44/2020, has revamped the guidelines for multinational entities (MNEs) operating within the