#UAE Corporate Tax Unrealized Losses

[lishapbs]

A corporate tax is a tax levied by the government on businesses. It is used to generate government revenue and fund public services. Corporate tax rates are typically higher than personal tax rates. Businesses must pay corporate taxes on their profits. The amount of tax owed is calculated based on the income, expenses, and other factors of the business. Certain business expenses can be deducted from taxable income, lowering the tax bill. Typically, corporate taxes are paid quarterly or annually.click here https://www.reyson.ae/corporate-tax-details/corporate-tax-readiness-in-uae

[lishapbs]

The introduction of Corporate in the UAE follows logically from the UAE's membership in the OECD inclusive framework. The most frequently asked question as the Corporate Tax was implemented was about the UAE Corporate Tax Registration.

The United Arab Emirates (UAE) has been a member of the Organization for Economic Cooperation and Development (OECD) since 2010, and its commitment to international cooperation was reaffirmed in 2016 when it joined the Inclusive Framework on Base Erosion and Profit Shifting (BEPS).click here https://www.reyson.ae