by admin | Oct 13, 2022 | Corporate Tax
The UAE’s corporate sector has geared up their efforts to comply nine per cent corporate tax that will be effective in June 2023, however majority of the businesses are not yet ready to keep their accounting and auditing process up to date, experts say. The proposed...
by admin | Aug 10, 2022 | Corporate Tax
As businesses adjust their legal and accounting structures ahead of the UAE’s new corporate tax regime, which comes into effect next June, it is family businesses that may need to rethink their traditional ways of operating. Transfer pricing regulations, a fundamental...
by admin | Apr 22, 2022 | Corporate Tax, VAT
The businesses across the UAE have adopted the new tax structure and increasing their compliance with regulations by posting a 2.42 percent growth in registration for value-added tax (VAT) during the first quarter of 2022, the latest data shows. The Federal Tax...
by admin | Nov 30, 2021 | Corporate Tax
The Federal Tax Authority calls again for tax registrants to benefit from Cabinet Decision No. 49 of 2021 which enables the redetermination of administrative penalties imposed on registrants to equal 30% of the total unpaid penalties as the following conditions: The...
by admin | Jul 5, 2021 | Corporate Tax
Multinational companies operating in the UAE and Oman will have tax implications from the recent agreement among 130 countries and jurisdictions to a framework for reform of the international tax rules, according to KPMG “The UAE and Oman are amongst the 130 Inclusive...
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