Articles

Key takeaways from Ministerial Decision on Participation Exemption
UAE
Key takeaways from Ministerial Decision on Participation Exemption
Nishit Parikh on 26 May 2023
Ministerial Decision No.116 of 2023 As per Article 23, specified income from participating interest is exempt from Corporate Tax in UAE (CT). As per Clause 2..
The Transformative Power of Artificial Intelligence for Financial Forecasting
GCC
The Transformative Power of Artificial Intelligence for Financial Forecasting
Editor on 24 May 2023
Artificial Intelligence (AI) has emerged as a game-changer in various industries, and its impact on financial forecasting is no exception. Traditional methods o..
Blockchain Technology: Revolutionizing Tax Collection for Greater Efficiency and Transparency
UAE
Blockchain Technology: Revolutionizing Tax Collection for Greater Efficiency and Transparency
Anu Goel on 05 April 2023
Blockchain technology has the potential to revolutionize the way tax authorities operate, allowing for greater transparency, accuracy, and efficiency in tax col..
Driving Sustainability: The UAE's Progress Towards a Circular Economy and the Potential of Blockchain Technology
UAE
Driving Sustainability: The UAE's Progress Towards a Circular Economy and the Potential of Blockchain Technology
Anu Goel on 20 March 2023
A circular economy is an economic model designed to eliminate waste and promote sustainability by keeping resources in circulation, through strategies such as r..
Non-Fungible Token (NFT)
Non-Fungible Token (NFT)
Manan Sethi on 30 June 2022
Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike ..
How tax functions can maximize values for businesses
How tax functions can maximize values for businesses
Ahmad Kamal on 31 May 2022
With high inflation rates and the expectations of slowing global economic growth, it is increasingly important for businesses to enhance their value maximizatio..
Appeal For ESR Penalty Imposed In UAE
UAE
Appeal For ESR Penalty Imposed In UAE
CA Nabeela Bhanu on 29 April 2022
When you are aware of the reasons for attracting ESR Penalty, you should next be equipped with the steps to resolve it! What if The licensee or the exe..
Tax Whistleblower Programs All Around The Globe
Tax Whistleblower Programs All Around The Globe
Manan Sethi on 28 April 2022
Whistle-blowers can play a huge role in implementing strategies to avoid tax evasion at the ground level, challenging corruption, and sensitizing citizens to ac..
ESR Penalty in UAE
UAE
ESR Penalty in UAE
CA Nabeela Bhanu on 13 April 2022
PENALTIES UNDER ECONOMIC SUBSTANCE REGULATIONS IF YOU THINK COMPLIANCE IS EXPENSIVE TRY NON-COMPLIANCE Paul McNulty The United Arab Emirates has complet..
The exchange of information for tax purposes on crypto assets will soon begin
The exchange of information for tax purposes on crypto assets will soon begin
Pablo Porporatto on 11 April 2022
Introduction In recent years, individuals and companies have adopted the use of cryptoassets for a wide and growing variety of financial and investment activ..

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