Federal Tax Authority Fee Refund Clarification Requests
On July 19, 2024, the Federal Tax Authority, UAE issued Decision No. 5 of 2024 regarding the refund of fees for private clarification requests. This decision will be published in …
corporatetaxuae
corporatetaxuae
Federal Tax Authority Grants Grace Period for Tax Records in UAE
On November 6, 2024, the Federal Tax Authority (FTA) issued a new Decision to assist registered businesses in surviving challenges regarding compliance with the tax requirements. The decision allows registered …
Non-Deductible Expenditure in Corporate Tax
The United Arab Emirates (UAE) has recently enacted the UAE Federal Law No. 7 on Tax of Corporations and Businesses for the fiscal year 2022 setting out the UAE corporate …
Calculating Corporate Tax Payable: A Comprehensive Overview
United Arab Emirates (UAE) has recently enacted a new Corporate Tax Law which may have vast consequences for the businesses operating within the country. According to the UAE’s Corporate Tax …
Change Corporate Tax Period | Taxpayer User Manual
The taxable entity looking to change its corporate tax period to align the financial year or tax period with the overseas parent company or to adopt the rationalization with other …
Losing Qualifying Free Zone Person Status
UAE Qualifying Free Zone Persons enjoy zero percent corporate tax on Qualifying Income. However, this exemption is granted and its continuity is secured only under the certain conditions by following …
