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Understanding the Corporate Tax Obligations for Natural Persons Under UAE Law

LexBlog IP

47/2022 on the Taxation of Corporations and Businesses (Corporate Tax Law), establishes the legislative framework for imposing federal tax on corporations and business profits in the UAE. A person residing or conducting business in the UAE is considered a tax resident.

Law 52
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Businesses not based in California ? Do you need to 1?? Register with the Secretary of State 2?? Pay State Taxes 3?? Make Climate-Related "Greenwashing" Disclosures 4?? Comply with Privacy Obligations

LexBlog IP

This blog article guides you to understand the triggers that may deem you to be “Doing Business” in California, or the need to register with the Secretary of State which is possible even if your business is not based there! We recommend you review this blog article and seek legal advice if you are in doubt.

Privacy 52
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The Impact of Corporate taxation on foreign direct investment

IP and Legal Filings

INTRODUCTION As per Gordon and Hines (2002), it is evident that tax policies can influence both the quantity and the geographical choices of foreign direct investment (FDI) because elevated tax rates diminish post-tax returns, consequently diminishing motivations to allocate investment capital.

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The Impact of Goods and Services Tax (GST), on Online Gaming and Horse Racing Taxation; Navigating through Turbulent Waters

IP and Legal Filings

Introduction The GST Council in the meeting conducted earlier this year, announced a raise in the taxation of Online Gaming and Horse racing from 18 percent tax slab to 28 percent tax on the “ face value”. The court also affirmed their protection guaranteed by Article 19(1)(g) of the Indian Constitution.In Thus in the R.M.D

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Tax Treaties In International Law

IP and Legal Filings

Double taxation is charging tax on the same income or subject twice for the same objective, term, and tax jurisdiction. When such income is taxed in two nations, the total tax burden will be high. The Group advocated separating taxing rights between the country of residence and the country of origin.

Law 76
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“The Reasonable Robot” tackles AI’s impact on the economy, intellectual property rights, and more

IPilogue

The past few years have witnessed some astounding advances in artificial intelligence, with high profile breakthroughs, such as software now in use autonomously diagnosing disease , algorithms that can design new microchips better than teams of people , and machines that can write interesting articles.

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A Complete Guide for Corporate Taxation in UAE Free Zone Areas

LexBlog IP

Introduction: The UAE has long been known as a tax-free Country, attracting investors and entrepreneurs from around the world. However, to ensure sustainable economic growth and contribute to the country’s development, the UAE has shifted from a tax-free government to a Corporate Tax system. The Federal Decree-Law No.