Related Parties in UAE Corporate Tax Law: Definitions and Practical Examples
In the context of the UAE Corporate Tax, a related party is defined based on the relationship between entities or individuals that have the potential to influence each other’s business decisions and operations. This definition aligns with international tax standards, particularly those outlined by the OECD (Organisation for Economic Cooperation and Development). Key Points to […]
UAE Transfer Pricing Guide: Compliance, Methods, Documentation, and OECD Rules
Transfer pricing is the practice of determining the prices at which goods, services, or intellectual property are exchanged between entities within the same multinational group. It ensures that these intercompany transactions comply with the arm’s length principle, meaning the prices are consistent with those that would be charged between independent parties in comparable circumstances. The […]
