UAE CT: Depreciation Relief for Investment Properties
Ministerial Decision No. 173 of 2025 introduces corporate tax relief for businesses that hold investment properties measured at fair value
UAE Corporate Tax: Penalty Waiver Clarification
The Federal Tax Authority (FTA) has issued Public Clarification CTP006, dated 3 May 2025, providing updates on penalty waivers for
New FTA Decision on Partnerships & Family Foundations
FTA Decision No. 5 of 2025 Tax Compliance for Unincorporated Partnerships, Foreign Partnerships & Family Foundations Effective: 1 July 2025
Indirect Tax Alert: Reverse Charge on Precious Metals and Stones
Based on Federal Tax Authority (FTA) Public Clarification VATP043 In February 2025, the UAE Federal Tax Authority (FTA) issued Public
UAE Corporate Tax – Penalty Waiver for Late Registration
Announced by Federal Tax Authority (FTA) on May 3, 2025 FTA has introduced waiver of the AED 10,000 late registration
Indirect Tax Alert: Barter Transactions in the UAE
Indirect Tax Alert: Public Clarification on VAT Treatment of Barter Transactions in the UAE The Federal Tax Authority (FTA) recently
UAE Pillar 2 Rules Announced – Top-up Tax on MNEs
UAE Pillar 2 Rules Announced - Introduction of Top-up Tax on MNEs, effective January 2025 On 6th February 2025, the
UAE Crypto Mining – VAT Implications
On 14th January 2025, the Federal Tax Authority (FTA) has issued a public clarification, VATP039, providing important updates regarding the
Update on Correcting Errors or Omissions in Tax Returns
On November 1, 2024, a new decision was issued concerning corrections to tax returns, which is effective from 01 Jan
Grace period provided to update information in UAE Tax records
No penalty for failure to update tax records by 31st March 2025 Background Tax registrants are required to update their