18.10.2023 Place of Effective Management: vulnerable issues 11.10.2023 How to “maintain adequate substance” in a free zone to enjoy a 0% Corporate Tax rate? 10.10.2023 The FTA clarified the meaning of ‘resell’ for VAT. This may affect 0% Distributor’s 0% CT Rate The UAE MoF in Article 2(1)(k) of the Decision No. 139 qualified for 0% Corporate Tax rate ‘Distribution of goods or materials in or from a Designated Zone to a 09.10.2023 Case Study: interest-bearing deposits and a 0% Corporate Tax rate The facts A holding company is registered in the UAE free zone. It earns dividends and capital gains. Every once in a while, the Company deposits money in interest bearing 25.09.2023 The cash method of accounting in UAE corporate taxation Article (20)(5)(a) of the Corporate Tax Law authorizes the MoF to ‘prescribe … the circumstances and conditions under which a Person may prepare financial statements using the cash basis of 21.09.2023 Adjustments of accounting profit in the UAE The UAE Corporate Tax Law does not provide for separate tax accounting. The initial basis for calculating the corporate tax base is the financial statements, i.e. accounting data. This data 11.09.2023 A new remedy in tax disputes in the UAE: a review of an assessment 25.08.2023 Subsidiaries as a Permanent Establish-ment under the UAE Corporate Tax Law The institutes of subsidiaries and a branch (representative office) often raise taxation issues. The reason for this is that every once in a while subsidiaries are a fiction which permits The role of economic substance in the UAE’s taxation system Economic substance is not a criterion of tax residence. In other words, it is required more to secure substance than tax residence. In most jurisdictions, residents are entities registered in Show more 1 … 5 6 7