Limitation of Deduction of Interest under UAE CT
Limitation of Deduction of Interest under UAE CT Tax Base Erosion Deductible interest payments, where the recipient of the interest income is not taxed (e.g., an individual shareholder or a Free Zone Person) Net interest expense can be deducted to 30% of a earning of business before interest, tax, depreciation, and amortization (EBITDA), as to … Read more