Fact: The UAE has implemented a 9% corporate tax on business profits exceeding AED 375,000, which is competitive relative to other nations and exempts personal income, real estate investments, and other non-business income.
The Bolivian National Tax Service announced the April 29 deadline for filing and paying the tax on business profits for the tax year ended Dec. 31, 2023. This deadline applies to sole proprietorships and companies engaged in various economic activities. The IUE payment can be offset as a payment on account of the Transaction Tax starting from the fiscal period corresponding to May 2024.