The UAE Ministry of Finance has announced the issuance of an explanatory guide on the taxation of corporations and businesses as per Federal Decree-Law No. 47 of 2022 (the Corporate Tax Law), which applies to tax periods commencing on or after 1 June 2023. --- Explanatory Guide for Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses The Ministry of Finance has issued an Explanatory Guide (the "Guide") for Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the "Corporate Tax Law"). The Guide is designed to provide a detailed explanation of...