Month: December 2022

Reliefs under UAE’s Corporate Tax Law – Introduction There are certain reliefs provided to Taxable Persons under the UAE Corporate Tax Law for the transfer of assets and liabilities between a Qualifying Group and for the transfer of shares and an ownership interest in case of Business Restructuring. After fulfilling the requisite conditions to meet … Read more

Introduction   In a business environment marked by an increase in cross-border transactions, Anti-Abuse provisions are the standard mechanism used by various countries to prevent “abuse of tax regulations” by Taxable Persons. Anti-Abuse Rules also called “AAR”, measure a transaction entered into by a Taxable Person on the pedestal as to whether such a transaction can … Read more