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 …
Corporate Tax
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 …
A Complete Guide to the Latest Corporate Tax UAE
Subsequent to the issuance of the latest Corporate Tax Federal Decree Law No. 47 of 2022 in the UAE, taxable corporations are compelled to register for tax and to meet …
With Holding Tax in UAE & the GCC
Primarily, withholding tax is the federal income tax withheld from an employee’s paycheck; it is often imposed on royalties, interests and dividends. Since the UAE announced a corporate tax on …
UAE Businesses to Harness up for Corporate Tax Adherence, commencing from June 2023!
Commencing from June 2023, UAE businesses are assumed to strap up for Corporate Tax adherence. Thus, it is essential for corporations that constitute the scope of the UAE Corporate Tax …
Corporate tax in UAE: Impact on tax evasion and anti-money laundering
The terms “tax evasion” and “tax avoidance” are often used interchangeably because of the confusion shrouded in understanding their meaning. The two interpretations are nevertheless distinct, if one is trying …
