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July 21, 2023
UAE: CORPORATE TAX, WHAT’S THAT?
UAE Federal Government has announced a new tax structure which is expected to be implemented on 1st June 2023. This Corporate Tax will be applied to each and every Emirate. The proposed tax rate is 9% on income above AED 375,000. Small businesses and entrepreneurs are kept out of the ‘taxable income’. The global income...
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