UAE corporate tax: Are investment and real estate funds exempt?

UAE corporate tax: Are investment and real estate funds exempt?

Every profession has its own distinct lexicon, or language, which mitigates any potential misunderstandings.Furthermore, it serves as a barrier to entry and maintains remuneration in line with the level of difficulty inherent in onboarding.Corporate tax exemplifies such a community. Today, we are going to delve into one of its niche domains: investment funds and their … Read more

Heatwave warning- public safety guidelines

Heatwave warning- public safety guidelines

A yellow warning was issued by the Meteorological Department for extremely high temperatures reaching around 40 degrees Celsius inland. Civil Defense issued recommendations to avoid sun exposure, wear light clothing, stay hydrated, and take care of vulnerable individuals.

Muslim schools caught up in France, ’s fight against Islamism

Sihame Denguir enrolled her teenage son and daughter in France’s largest Muslim private school, Averroes, in Lille, which lost government funding due to not complying with secular principles.

Manitowoc letters to the editor address the county budget deficit and corporate tax dodging

Manitowoc letters to the editor address the county budget deficit and corporate tax dodging

The text discusses letters to the editor of the Herald Times Reporter, with one letter supporting a 0.5% sales tax increase in Manitowoc County to address budget issues.

Gender equality is a priority for the European Union

Gender equality is a priority for the European Union

The European Union prioritizes gender equality, with the principle of equal pay for men and women established in 1957. Despite progress, inequalities persist, such as the 13% gender pay gap in 2021. Women are underrepresented in decision-making roles, particularly in the European Parliament. Violence against women is a serious issue, with one in three women experiencing physical or sexual violence. The EU has taken steps to address gender disparities, including mandatory data disclosure to reveal pay gaps and rules against violence, such as cyber violence and female genital mutilation. The EU has ratified the Istanbul Convention to protect women from all forms of violence.

Cyprus implemented GRECO recommendations for judges, not MPs or prosecutors

Cyprus implemented GRECO recommendations for judges, not MPs or prosecutors

Cyprus has fully implemented 75% of the recommendations regarding prosecutors, but only 25% of the recommendations regarding MPs.

Cyprus sees slight increase in non-performing loans

Cyprus sees slight increase in non-performing loans

– The balance of non-performing loans (NPLs) in Cyprus rose to €1.9 billion in January 2024.
– The total amount of loans in January 2024 stood at €24.02 billion.
– The slight rise in NPLs is attributed to an increase in non-performing business loans.

Nations Can Fight, But There’s No Flight From Global Minimum Tax

Nations Can Fight, But There’s No Flight From Global Minimum Tax

Countries are divided on whether to comply with, fight against, or ignore the global minimum tax agreement known as Pillar Two. Compliance involves adopting three taxes to reach a 15% tax rate on corporate income, while fighting against it could lead to trade wars. Ignoring Pillar Two may result in businesses needing to engage in tax planning to protect themselves from liability.

Meet UAE Corporate Tax registration deadline to avoid fines: FTA

Meet UAE Corporate Tax registration deadline to avoid fines: FTA

Fact: Businesses already registered for VAT or Excise Tax can use the existing account for a straightforward registration process for Corporate Tax.

Meet UAE Corporate Tax registration deadline to avoid fines: FTA

Meet UAE Corporate Tax registration deadline to avoid fines: FTA

Fact: Businesses already registered for VAT or Excise Tax can use the existing account for a straightforward registration process for Corporate Tax.