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 a form of relief is given …
Abrar
What is the Dependent Agent Test?
The permanent establishment concept evaluates a person’s taxability; it refers to a fixed workplace in a foreign country which imposes tax obligation upon the taxable person. Hence, it is essential …
How Does Corporate Tax UAE Apply to Non-Extractive Natural Resources
The UAE government finally issued the Corporate Tax legislature through the Federal Decree-law no. 47 which principally oversees the tax activity of businesses and enterprises in the UAE. The corporate …
How does UAE corporate tax deal with unrealized business gains and losses?
The corporate tax UAE regime’s treatment of unrealized profits and losses is outlined in section 5.2 of the Corporate Tax Public Consultation Document. Registered businesses are advised to avail of …
Does the UAE Corporate Tax Law Apply to Foreign Partnerships? Key Considerations and Insights
As per the UAE corporate tax partnership are broadly categorized into two forms, this includes foreign and regional partnerships. Further, regional partnerships are expanded into incorporated and unincorporated coalitions. Therefore, …
How does Corporate Tax Apply to a Qualifying Public Benefit Entity?
According to the federal decree law no. 47 governing corporate tax in UAE, corporate tax will not apply to a “qualifying public benefit entity” in UAE. The legislation has put …
