How can one get benefited from the UAE Corporate Tax exemption if the person own less than 5% shareholding in a company? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 It is possible for a UAE company to make a strategic investment in another business that does not result … Read more
What is the Participation Exemption regime? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course The purpose of the Participation Exemption regime is to avoid double taxation in a group where a subordinate group firm (which pays the dividend or whose shares are being sold) has already paid taxes on its … Read more
Whether the UAE Corporate Tax is excluded from Capital Gains? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Capital gains from a participating interest in either local or foreign juridical persons are free from UAE Corporate Tax under the participation exemption scheme. Additionally, capital gains that may result from intra-group … Read more
Does the UAE Corporate Tax not apply to any dividends or other profit distributions from foreign juridical persons? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Dividends and other profit distributions received from a participating interest in a foreign juridical person are free from UAE corporate tax, subject to the … Read more
Whether all the distributions of dividends and other profits made to legal entities in the UAE free from UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Regardless of the degree of ownership in the UAE resident juridical person paying the dividend or profit share, domestic dividends … Read more
What are the incomes exempted from the UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 UAE Corporate Tax is not applied to the following income: Dividends and other profit distributions from legal entities formed or based in the UAE; Dividends and other profit distributions derived … Read more
How are the Capital Grains being taxed? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 No differentiation is drawn between gains emanating from the disposition of capital assets and those originating from the disposal of Non-Capital (revenue) assets. Capital gains realized from the sale of assets shall be incorporated … Read more
What is the handling of any unrealized profits or losses resulting from accounting fair value or impairment adjustments under the UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 When a company compiles its financial statements on an accrual basis, it may choose to apply one of … Read more
What accounting techniques are available to Taxable Persons for recognizing profits and losses when their asset values are continually changing? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 In general, tax-paying individuals have three options: recognize unrealized gains and losses for UAE corporate tax purposes; recognize gains and losses … Read more
Whether the Taxable Persons modify their decision to recognize profits and losses using the realization basis method? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Except in rare cases and with the Federal Tax Authority’s consent, the decision to apply the realization basis technique shall be regarded as final. … Read more