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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. Juridical persons include entities recognized under UAE laws or foreign laws, holding a legal identity distinct from their founders.

Law 52
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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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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.

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Bill C-11 Now a Trade Issue: U.S. Warns Canada About Online Streaming Act Concerns

Michael Geist

The readout specifically states that “Ambassador Tai expressed concern about Canada’s proposed digital service tax and pending legislation in the Canadian Parliament that could impact digital streaming services.” Article 19.4 It provides: Article 19.4: In addition, Article 32.6 In addition, Article 32.6

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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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The Corporate Transparency Act (Part 2): Exemptions from the Reporting Requirements

LexBlog IP

The information reported to FinCEN is intended to assist law enforcement in combating money laundering, tax fraud, terrorist financing, and other unlawful activities that occur through shell and front companies. This is the second article in a new series about the CTA. person, (c) is beneficially owned or controlled exclusively by U.S.