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UAE's New Corporate Tax Regime from June 2023 (Part 1)

|Approved Changes|United Arab Emirates
United Arab Emirates

The UAE Federal Tax Authority (FTA) has published an English-language version of Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses. The Decree-Law provides for the introduction of the UAE's new Corporate Tax regime, which will take effect for tax periods beginning on or after 1 June 2023. The main details of the Corporate Tax regime in regard to the Corporate Tax rat…

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