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New Tax in UAE: Multinational Giants to Face Changes Starting January 2025

UAE to Introduce New Tax on Multinational Giants Starting January 2025

In a significant step toward aligning with global corporate taxation norms, the United Arab Emirates (UAE) is introducing a new tax in UAE, the Domestic Minimum Top-up Tax (DMTT), effective January 1, 2025. This measure is part of the UAE’s commitment to the Organization for Economic Co-operation and Development’s (OECD) global tax framework, which aims […]