UAE Introduces 15% Minimum Tax on Multinational Giants Starting January 2025

In a significant move to align with global tax reforms and enhance non-oil revenue streams, the United Arab Emirates (UAE) is set to implement a 15% minimum top-up tax (DMTT) on multinational corporations starting January 2025. This bold step is part of the OECD’s Global Minimum Corporate Tax Agreement, signed by 136 countries, including the … Continue reading UAE Introduces 15% Minimum Tax on Multinational Giants Starting January 2025