This month’s spotlight is on the newly released Guide on Interest Deduction Limitation Rules (IDLR) — a comprehensive and significant update in the UAE Corporate Tax framework.
Here’s a preview of the updates covered in this month’s digest:
UAE
- Interest Deduction Limitation Rules Guide
- Federal Tax Authority to waive penalty for late corporate tax registration
- Ministerial Decision No. 84 of 2025 on Audited Financial Statements
- MoF Decision No. 88 of 2025 on the Guidelines published by the OECD under the Global Anti-Base Erosion (GloBE) Rules (Pillar Two)
- Public Clarification No. CTP005 on taxation of investors in a REIT
- Public Clarification No. VATP042 on barter transactions
- Public Clarification VATP043 on the Application of the Reverse Charge Mechanism on Precious Metals
- FTA Webinars on Corporate Tax
- PGP Webinar on Transfer Pricing and Tax Compliance in the UAE (in Russian)
Oman
- Royal Decree No. 38 of 2025 on Special Economic Zones and Free Zones in Oman
KSA
- The RETT Law under Saudi Arabia Cabinet Decision No. 239/1446 came into force
The digest is available for download in both English and Russian, ensuring accessibility for our diverse readership.
