A business’s net income is after all expenses, including taxes. Therefore, enterprises might need to minimize their taxation expenses to increase profit after tax figures. However, it is not as easy as we say. There is a need to strike a balance between compliance and ethics. In simple words, lowering taxation […]
With the introduction of a new corporate tax regime in the UAE, there are numerous taxation topics that are under debate. A very common topic is tax deductions. It is commonly known that not all expenses are allowed under corporate tax laws; however, it is not as simple as we say. […]
The introduction of corporate tax in the UAE is opening new dimensions to the tax landscape for businesses. Therefore, businesses need to understand and navigate compliance requirements and other corporate tax considerations. In this blog, we are addressing frequently asked questions (FAQs) for a better understanding of corporate tax in the […]