UAE Corporate Tax – General Anti-Abuse Rule

Introduction In accordance with the Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses (Corporate Tax Law), UAE has implemented General Anti-Abuse Rule (GAAR) effective from the date of publication


INTRODUCTION As announced on 31st January 2022, the United Arab Emirates (UAE) will introduce a Federal Corporate Tax (CT) on business profits that will be effective for financial years starting on or after