16.03.2026 UAE March 2026 Crisis. Frustration, Force Majeure, and Hardship in the UAE. The current situation in the UAE raises many questions and concerns. After the initial shock, there is inevitably a need to deal with reality. When it comes to legal issues, 24.02.2026 Digest January – February 2026 Dear colleagues, We are pleased to present the next issue of our digest of tax and regulatory changes in the UAE and the Gulf countries for the period January–February 2026. 16.02.2026 Cabinet Decision No. (1) of 2026 on Exempting Certain Sports Entities from Corporate Tax On 9 February 2026, the UAE Ministry of Finance announced the issuance of Cabinet Decision No. (1) of 2026, introducing a Corporate Tax exemption for certain sports entities, which are 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 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 09.12.2025 Pillar Two meets CFC rules: how far DMTTs in the GCC go in recognizing CFC taxes? In the attached slides, we look at: How Covered Taxes linked to CFC inclusions are allocated back to the Constituent Entity under the GloBE Model Rules How Qatar and Kuwait 28.11.2025 Split ownership and minority shareholding under Pillar Two The introduction of the GloBE rules under Pillar Two has forced groups with split ownership chains and partially owned intermediaries to reconsider long-settled assumptions about how much low-taxed income can, 27.11.2025 New Amendments to Administrative Penalties under Cabinet Decision No.129 of 2025 The Cabinet Decision No. 129 of 2025 has been approved and it introduces a unified Administrative Penalty framework under the Tax Procedures Law, consolidating the previously separate regimes for Corporate 07.11.2025 Updates to UAE Vat Input Tax Apportionment Guidance The Federal Tax Authority (FTA) has issued a revised Input Tax Apportionment Guide (VATGIT1, September 2025), which replaces the previous version dated March 2023. The updated guide reflects the amendments Show more 1 2
