On 16 November 2023, the UAE Federal Tax Authority (FTA) published the Corporate Tax Guide on Taxation of Foreign Source Income - CTGFSI1. The purpose of the guide and who should read it are summarized as follows: --- Purpose of this guide This guide is designed to provide general guidance to taxpayers on the taxation of foreign source income under the Corporate Tax Law. The guide explains the following: Relevance of foreign source income under the Corporate Tax Law; What is considered foreign source income for Taxable Persons under the Corporate Tax Law? Which Taxable Persons are subject to tax...