UAE | CIT
September 27, 2024
UAE Extends Deadline for Filing Corporate Tax Returns and Settling Corporate Tax Payable for Certain Taxpayers
December 31, 2024 is the new deadline for such tax payers
| Image Credits: High-Rise Buildings in Dubai at Night
The UAE has announced an extension for certain taxpayers to file their Corporate Tax Returns and settle Corporate Tax Payable under the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, along with its amendments.
On September 25, 2024, the UAE issued Federal Tax Authority Decision No. 7 of 2024, which provides the following updates.
The deadline to file the Tax Return and settle the Corporate Tax Payable has been extended to no later than 31 December 2024 for:
- Taxable Persons that were incorporated, established, or recognized under the applicable legislation of the State on or after 1 June 2023,
and
- whose Tax Period ended on or before 29 February 2024.
Taxpayers are advised to refer to official UAE authorities’ communications for the most accurate and up-to-date information on tax-related matters.
SOURCE/RECOMMENDED READ:
About Authors:
LATAM | Tax Policy
How Regional Cooperation and Exchange of Information (EOI) are Driving Revenue Growth and Fairer Tax Systems.
US | Big 4
Job Cuts Hit Recently Hired and Promotion-Eligible Staff as PwC Adjusts to New Realities
UK | Transfer Pricing
Stakeholders are invited to review the draft legislation and submit their feedback by 11:59pm on 7 July 2025. The consultation follows a 2023 policy review and includes detailed supporting documents, such as explanatory notes and revised statements of practice
Egypt | Tax Policy
Through Its E-Commerce Tax Unit, the Egyptian Tax Authority Engages with Egypt’s Digital Economy and Unveils Legislative Reforms to Support Startups, Freelancers, and Non-Resident Platforms
US | Customs
Donald Trump announces sweeping new tariffs on international movie imports, calling foreign incentives a threat to U.S. film industry jobs and national security.
Egypt | VAT
Egyptian Tax Authority (ETA) Rolls Out a Transparent, Hassle-Free VAT System for Global Providers of Digital and Remote Services.
Italy | VAT
Italy Seeks Nearly €1 Billion in VAT payments from Meta, X, and LinkedIn, Targeting Transactions from 2015 to 2022
Egypt | Tax Policy
Fostering Trust, Partnership, and Business Confidence Through Fair and Efficient Tax Services
Reach your target audience
Contact us at hello@taxspoc.com