News

As part of its ongoing efforts to enhance tax transparency and improve the business environment in the UAE, the Ministry of ...
The UAE Ministry of Finance has issued a Cabinet Decision that allows unincorporated partnerships to elect for corporate tax treatment, marking a shift in the country’s approach to partnership ...
As UAE businesses prepare their financial statements for corporate tax filings, KISA Chartered Accountants (KISA) Managing ...
The United Arab Emirates (UAE) has implemented a significant reform of its competition law framework through Federal Decree-Law No. 36 of 2023, ...
Small businesses in India are used to dealing with change. From customer preferences to supply issues, they’ve learnt how to adjust quickly. But there’s one area that often goes unnoticed until it ...
The House Ways and Means ... the child tax credit from $1,000 to $2,500 through 2028 and to $2,000 in subsequent years, and requires Social Security numbers for claiming it. The bill increases the ...
Vijith Pulikkal/Gulf News With the UAE’s corporate tax regime now ... Dh375,000 profit threshold, meaning income up to this level remains tax-free — even for taxable entities.
The UAE Federal Tax Authority (FTA) has issued a clarification regarding Corporate Tax rules for investors in Real Estate Investment Trusts (REITs) that qualify as exempt funds. The guidance details ...
Under the new plan, OpenAI’s for-profit arm will become a public benefit corporation (PBC) but will still be controlled by OpenAI's nonprofit. The new restructuring plan may be enough to appease ...
OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of ...