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UAE to impose 15% domestic minimum top-up tax on large multinationals from Jan 1
The United Arab Emirates said on Monday it will impose a domestic minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting on or after Jan. 1, 2025 as it seeks to boost non-oil revenue.
UAE to implement 15% minimum tax on multinational companies starting in January
DMTT is part of the OECD’s global minimum corporate tax agreement which has 136 signatories, including the UAE
UAE To Join Global Minimum Tax Rate On Multinationals
The United Arab Emirates, home to the regional headquarters of numerous multinational companies, said Monday it would introduce a 15 percent tax rate on corporate profits from January 2025.
UAE announces 15% domestic minimum top-up tax for multinationals in 2025
Domestic minimum top-up tax' will apply to MNEs with global revenues of €750 million or more in at least two of the four financial years preceding its implementation
Gulf Business
1h
UAE set to roll out 15% tax for global corporate giants
The UAE will impose a minimum top-up tax of 15 per cent on large multinational companies operating in the country from next ...
1d
UAE Official: Syria Not Out of the Woods, No Knowledge of Whether Assad Is in the UAE
MANAMA (Reuters) - Syria is not out of the woods yet and extremism and terrorism remain a main concern, the United Arab ...
Arabian Business
4h
UAE issues lottery warning; 3 games approved ahead of $27m prize draw
The UAE has issued a warning over unlicensed lotteries in the country and approved a list of three games that may continue.
5h
on MSN
Briton jailed in Dubai for past 16 years pleads with Starmer to end ‘nightmare’ on UAE visit
Exclusive: PM urged to fight for release of Ryan Cornelius, now 70, who has spent almost two decades imprisoned on a fraud ...
gulftoday
1h
UAE's 8-truck aid convoy with 100 tonnes of flour, water and sewage tankers reaches Gaza
An aid convoy carrying humanitarian supplies from the UAE entered the Gaza Strip through the Rafah border crossing on Monday.
5h
The Magan Boat: Rebuilding the UAE’s Maritime History
In the UAE, a multidisciplinary team has brought the region’s ancient maritime history to life by reconstructing a working ...
wam.ae
5m
UAE President, UK Prime Minister discuss bilateral relations
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed the Rt Hon Sir Keir Starmer, Prime Minister of the ...
Zawya
2h
UAE: Ministry of Finance announces amendments to Corporate Tax Law
These amendments include introduction of a Domestic Minimum Top-up Tax (DMTT), and tax incentives to support growth and ...
1d
UK's Starmer to push for stronger ties with UAE, Saudi Arabia in first Gulf visit
British Prime Minister Keir Starmer will begin a multi-day visit to the Gulf on Sunday, his first trip to the region since ...
Network World
5h
US approves export of AI chips to UAE amid Microsoft-G42 partnership
Advanced AI chip exports deepen collaboration with Emirati AI firm G42 while raising concerns over China ties and US ...
gulftoday
1h
UAE, European Commission leaders discuss regional developments
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and Ursula von der Leyen, President of the European Commission, ...
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