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UAE Ministry of Finance Issues Ministerial Decisions on Tax Groups, the Interest Deduction Limitation Rule, and Unincorporated Partnerships

05 June 2023

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Approved Changes

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United Arab Emirates

The UAE Ministry of Finance has announced the issuance of Ministerial Decision No 125 of 2023 on Tax Groups, Ministerial Decision No 126 of 2023 on the General Interest Deduction Limitation Rule, and Ministerial Decision No 127 of 2023 on Unincorporated Partnerships for the purpose of the new Corporate Tax Law. --- Ministry of Finance Issues New Decisions Relating to Tax Grouping, Interest Capping and Unincorporated Partnerships The UAE Ministry of Finance has issued three new Ministerial Decisions for the purposes of Corporate Tax. These include Ministerial Decision No 125 of 2023 on Tax Grouping, Ministerial Decision No 126 of...