Cabinet Decision No. 49 of 2023 On Specifying the Categories of Businesses or Business Activities Conducted by a Resident or Non-Resident Natural Person that are Subject to Corporate Tax

The Cabinet of Ministers:

- Having reviewed the Constitution,

- Federal Law No. 1 of 1972 on the Competencies of Ministries and Powers of the Ministers, and its amendments,

- Federal Decree-Law No. 13 of 2016 on the Establishment of the Federal Tax Authority, and its amendments,

- Federal Decree-Law No. 28 of 2022 on Tax Procedures,

- Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses,

- Federal Decree-Law No. 50 of 2022 Issuing the Commercial Transactions Law, 

- Based on what was presented by the Minister of Finance and approved by the Cabinet,

Decided: 

Article 1 — Definitions

1. In the application of the provisions of this Decision, the following terms and expressions shall have meanings assigned against each, unless the context otherwise requires: 

Turnover: The gross amount of income derived during a Gregorian calendar year. 

Wage: The wage that is given to the employee in consideration of their services under the employment contract, whether in cash or in kin...