Browsing: corporate taxation

The Ministry of Finance has announced the issuance of Cabinet Decision No. 142 of 2024 on the introduction of the Top-up Tax for Multinational Enterprises, providing further details on the UAE Domestic Minimum Top-up Tax (UAE DMTT). This follows the announcement made by the Ministry on December 9, 2024.

The Ministry of Finance has issued Cabinet Decision No. 142 of 2024, introducing the Top-up Tax for Multinational Enterprises. This decision outlines the UAE Domestic Minimum Top-up Tax (UAE DMTT) and follows the Ministry’s announcement on 9 December 2024.