UAE announces consultation on new tax

UAE announces consultation on new tax

The UAE has launched a public consultation on tax rules in the country. The UAE Ministry of Finance (MoF) has announced the launch of a digital public consultation to gather the views of relevant stakeholders on the implementation of the Global Minimum Tax (GMT) or...
Dubai announces new tax

Dubai announces new tax

Dubai has announced a new tax to be levied on foreign banks in the city. In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks. The Law...