The UAE Ministry of Finance has launched a public consultation on the introduction of a federal corporate tax regime. As previously reported, the UAE is planning to introduce the corporate tax regime for financial years beginning on or after 1 June 2023, including a standard statutory rate of 9%, with a 0% rate for taxable profits up to AED 375,000 to support small businesses and startups (applies progressively). The public consultation document covers the key aspects of the regime, including taxable persons, basis of taxation, calculation of taxable income, group treatment, transfer pricing, calculation of the tax liability, and administration....