The United Arab Emirates (鈥楿AE鈥�) Federal Tax Authority (鈥楩TA鈥�) has issued the Corporate Tax (鈥楥T鈥�) Guide on the Determination of Taxable Income (鈥榯he Guide鈥�) with the intent of providing general guidance to taxpayers for determining their Taxable Income and calculating Corporate Tax payable under the Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses (鈥楿AE CT Law鈥�).
This comprehensive Guide covers a range of relevant topics and includes practical case studies that explore various adjustments to accounting income for determining Taxable Income of a Taxable Person. Some specific insights provided by the FTA have been disclosed in previously published Guides (e.g. Qualifying Free Zone Persons, Exempt Income, Tax Grouping, Accounting Standards etc.).
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