Articles

Excise Taxation of Tobacco Free Nicotine Pouches

Nicotine pouches are oral, non-tobacco products that deliver nicotine to the user. Typically, white and discrete, these pouches contain nicotine and other ingredients but do not include any form of

Permanent Establishment for a Partner in Fiscally Transparent Partnership

PPE Revaluation Surplus and Taxable Income

When a company revalues its Property, Plant, and Equipment (PPE), the following rules apply: If an asset’s carrying amount is increased, the increase shall be recognised in other comprehensive income

What’s new in UAE and GCC tax: PGP February Digest

Following the success of our first tax digest, we are pleased to share our second digest covering the tax updated in the UAE and GCC in February 2025. This month’s

Application of the Zero Corporate Tax Rate on Debt Purchases

0% Corporate Tax for IP but 9% for embedded IP used in Qualifying Activities, and more…

On 25 October 2023, the UAE’s Cabinet issued Decision No. 100.This decision repeals Cabinet Decision No. 55 of 30 May 2023, replacing earlier rules determining Qualifying Income for a Qualifying

Intention to Hold vs Earlier Sale: Emirati Corporate Tax Case Study

UAE Domestic Minimum Top-up Tax Rules for Minority-Owned Sub-Groups

With the Cabinet Decision No. 142 dated 31 December 2024, the UAE has proceeded introducing Domestic Minimum Top-up Tax (DMTT) rules in alignment with Pillar Two of the OECD’s Global

Practical Implications of the UAE’s Decision to Introduce DMTT without IIR

The UAE’s temporary position where only the Domestic Minimum Top-up Tax (DMTT) has already been implemented and Income Inclusion Rule (IIR) is not implemented (yet?) has significant practical implications for