The UAE Federal Tax Authority (FTA) issued Public Clarification CTP004 on 10 October 2024, which concerns FTA Decision No. 7 of 2024. The FTA Decision postponed the deadline to file corporate tax returns and settle the corporate tax due to 31 December 2024 for taxable persons incorporated, established, or recognized under the applicable legislation of the State on or after 1 June 2023 with a tax period that ends on or before 29 February 2024. Under the standard rules, returns and tax payable are due within 9 months after the end of the tax period. Note that the transfer pricing...