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UAE Income Tax Is Not on the Table for Now

1 min read
UAE Income Tax Is Not on the Table for Now

The United Arab Emirates will not introduce an income tax for the time being, a senior official said, weeks after the Gulf nation unveiled a new company tax as part of an effort to shed its tax haven image.
The Gulf country said earlier this year it would impose a 9% corporate tax starting in 2023 as it seeks to align itself with new international standards, particularly the move toward a global minimum tax on multinational corporations endorsed by the Group of 20 major economies.

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