Impact of transfer pricing rules on Corporate Tax in UAE

Impact of transfer pricing rules on Corporate Tax in UAE

Transfer pricing is a term used to describe how transactions within and between businesses are valued. We will help you gain a basic comprehension of transfer pricing laws. A new Corporate Tax system incorporating a transfer pricing scheme will go into effect in the UAE in June 2023. (TP). Transactions involving connected parties and related parties are […]

Top 15 VAT FAQs

Top 15 VAT FAQs

Value Added Tax is an indirect, transaction-based tax that is levied at every stage of the supply chain. The end consumer generally bears the cost of the tax while the registered business calculates and collects the tax, as a tax collector on behalf of the Federal Tax Authority. What is the value-added tax rate? How […]