UAE Federal Tax Authority Provides Guidance on Taxation of Partnerships
On 4 March 2024, the UAE Federal Tax Authority (FTA) published the Corporate Tax Guide on Taxation of Partnerships - CTGPTN1. The purpose of the guide and who should read it are summarized as follows:
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Purpose of this guide
This guide is designed to provide general guidance on the taxation of partnerships. The guide provides the following:
- a general understanding of how the Corporate …