News dalla rete ITA

19 Dicembre 2024

Emirati Arabi Uniti

UAE CORPORATE TAX HIKE TO FUEL INFLUX OF MULTINA‐ TIONAL COMPANIES

The UAE's upcoming corporate tax hike, set to increase the Domestic Minimum Top-up Tax (DMTT) to 15% from the current 9% for multinational companies with globalrevenues exceeding EUR 750 million or AED 3 billion, is expected to lead to asignificant shift of companies to the country's economic free zones. These zones willcontinue to offer tax-exempt status, attracting businesses seeking to minimize their taxburden while benefiting from the UAE's strong infrastructure and pro-business policies.This move aligns with the UAE's efforts to comply with the OECD's 'Two Pillar' system,which aims for a fair and transparent tax structure. (ICE DUBAI)


Fonte notizia: https://www.arabianbusiness.com/industries/banking-finance/uae-corporate-tax-hike-to-fuel-influx-of-