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      David Daly

      Location
      David Daly is a partner at the Gulf Tax Accounting Group in the UAE

      Articles

      In the past fortnight, there have been four significant developments in the UAE corporate tax landscape. Pawan Singh / The National
      UAE corporate tax: Explore the four most recent major updates

      With UAE Pass now integral to tax portal access, businesses must ensure they understand the requirements

      EconomyApril 15, 2024
      There are specific rules for creating a corporate tax group and the Federal Tax Authority is the final arbitrator on whether you may do so. Silvia Razgova / The National
      UAE corporate tax: Pros and cons of grouping companies

      A decision to join two or more entities together should not be made lightly

      EconomyApril 01, 2024
      UAE corporate tax: Regulations on trade to consider

      It’s crucial to define the parameters of shipping, even though it is exempt from corporate taxes

      EconomyMarch 18, 2024
      Failing to initiate the registration of your business for corporate tax on time will bring a Dh10,000 penalty. Silvia Razgova / The National
      UAE corporate tax: What’s missing and why it matters

      Companies risk incurring a Dh10,000 penalty if they fail to register on time

      CommentMarch 04, 2024
      The UAE is learning details of the latest version of the country's pensions sector, whose launch is imminent. The National Staff
      UAE's gratuity system has corporate tax implications

      The time to review how corporate tax effects different elements of your financial accounts is fading quickly

      CommentFebruary 19, 2024
      Business owners in the UAE must ensure adherence to corporate tax guidelines, including claims for cars and phones. Silvia Razgova / The National
      Freelancers need to focus on details to stay aligned with UAE corporate tax

      There is a need to understand what can be expensed amid a potential divergence between corporate tax and VAT

      CommentFebruary 05, 2024
      Like VAT, the correct supporting documentation is required for any corporate tax deduction against taxable income. Silvia Razgova / The National
      UAE corporate tax: Personal versus business assets

      Make sure you have the correct documentation to avoid making a costly mistake

      CommentJanuary 22, 2024
      Businesses must familiarise themselves with corporate tax requirements and guidelines. Silvia Razgova / The National
      UAE corporate tax: Why you must take note of deferred taxation

      There are differences between what your accounts say an asset or liability is worth and what the tax law says its worth at a point in time

      CommentJanuary 08, 2024
      UAE corporate tax: Can you be charged VAT on top of the printed price?

      Consumers need to be aware of the various ‘slippery slopes’ around the issue

      CommentDecember 11, 2023
      VAT law has a say on the matter through the time of supply rules. Silvia Razgova / The National
      UAE corporate tax: Keeping up with accounting standards

      Whether you pick accrual or cash accounting, you must adopt a whole year approach

      CommentDecember 04, 2023
      UAE corporate tax: What qualifies as intellectual property and patent

      Definition of qualifying income has been expanded by latest updated cabinet decision

      CommentNovember 20, 2023
      UAE corporate tax: Do businesses still need economic substance reporting?

      The introduction of corporate tax in the UAE is unlikely to make the reporting framework redundant

      CommentNovember 06, 2023
      UAE corporate tax: Can a building be subdivided for tax purposes?

      One element of a contract that is often forgotten are the vanilla clauses

      CommentOctober 23, 2023
      What you need to know about the latest UAE corporate tax guidance

      There are additional compliance rules for private pension funds

      CommentOctober 09, 2023
      Lunch and dry-cleaning? Deductible expenses under UAE corporate tax rules

      The law allows deduction of costs that are required in the conduct of business

      CommentSeptember 25, 2023
      More Articles

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