Cabinet Decision 116 of 2022 on the Applicable Taxable Income Threshold for Corporate Tax, following the issuance of Federal Decree Law on the Taxation of Corporations and Business (the “Corporate Tax Law”) in December 2022. . #corporatetax #uaect #mofuae
Faraz -APFA
1y
What if a person have 2 or more trade licenses and each entity does fall below threshold but aggregate of all entities exceed the 0% threshold ?? Is there any likelihood to aggregate income from all entities of such person ??
If exceeds 375,000, is that 9% applicable on the entire amount or only on the excess amount over 365,000
Usman Ashraf
1y
Thank you for clarifying the things
How about freezone entities? CT is applicable ?
Isn't possible to get official clarification pls
Head of Utility at Dubai Airports
1yThanks Hanan for sharing this. It's approximate USD 100k max. Income as threshold for applying 9%. Is this applicable to all business firms? What about real state properties?