06.02.2026 When the form becomes the substance: EmaraTax’s built-in methodology and the taxpayer’s ability to file a return The UAE tax system is operationally inseparable from the EmaraTax portal. Corporate Tax and other federal tax returns are not merely “uploaded documents”. They are structured submissions built through mandatory... 04.02.2026 CUP upstream, TNMM in the UAE hub: when two transfer pricing methods meet in one commodity supply chain This case study examines a common transfer pricing challenge arising where different jurisdictions adopt different transfer pricing methods in relation to economically connected transactions. Such situations are increasingly frequent in... 03.02.2026 UTPR roll-out and the “initial phase of international activity” exclusion This case study examines a timing question that naturally arises when an MNE Group is crossed the EUR 750 million “in scope” threshold early (on 31 December 2023) (i.e. it... 26.01.2026 Digest December 2025 – January 2026 Welcome to our latest digest, detailing the critical tax and regulatory developments across the UAE and GCC from December 2025 through January 2026. The new year has begun with significant... 26.01.2026 OECD releases Pillar Two “Side-by-Side Package”: key updates on safe harbours and simplifications On 5 Jan 2026, the OECD/G20 Inclusive Framework released the Pillar Two “Side-by-Side Package” as Administrative Guidance to the Global Anti-Base Erosion (GloBE) Model Rules, intended to be incorporated into... 16.01.2026 Voluntary Disclosure penalties in the UAE: why “awareness” should be treated as an element of the violation UAE administrative penalties for Voluntary Disclosure (“VD”) are often applied as though they are purely “outcome-based”: if the VD is late, a monthly 1% penalty follows; if the VD is... 13.01.2026 VAT TREATMENT OF TIME CHARTERS IN UAE: TRANSPORTATION SERVICE OR SUPPLY OF A MEANS OF TRANSPORT? The UAE hosts a significant concentration of shipping and commodity trading businesses, for which charter arrangements are a standard commercial tool. As a result, the VAT treatment of such arrangements... 12.01.2026 OECD’s 2026 SBTI Safe Harbour and UAE Zero Rate Incentive The OECD’s January 2026 package on the Substance-based Tax Incentive (SBTI) Safe Harbour sits squarely in the uncomfortable intersection between two realities: Many jurisdictions use preferential regimes to attract real... 09.01.2026 VAT Profit Margin Scheme: Guide 2026, warranties, and the “selling price” boundary The Federal Tax Authority’s newly issued PMS VAT Guide No. VATGPM1 (January 2026) is notable not merely because it consolidates the Profit Margin Scheme (PMS) mechanics into a dedicated guide,... Show more Subscribe to our news and case studies: info@pgp-legal.ae
