The Cabinet:
- Having regard to the Constitution,
- and Federal Decision-Law No. 28 of 2022 on Tax Procedures, and its amendments;
- and Federal Decision-Law No. 47 of 2022 on Taxation of Corporations and Businesses, and its amendments;
- and Cabinet Decision No. 142 of 2024 On the Imposition of Top-Up Tax on Multinational Organizations;
- Based on the proposal of the Minister of Finance and with the approval of the Cabinet,
has decided:
The definitions set out in Federal Decision-Law No. 47 of 2022 and Cabinet Decision No. 142 of 2024, referred to above, shall apply to this Decision; otherwise, the following words and expressions shall have the meanings set out opposite each of them, unless the context of the text requires otherwise:
Corporate Tax Law: Federal Decision-Law No. 47 of 2022 on Taxation of Corporations and Businesses, and its amendments.
Council: The Emirates Research and Development Council.
Deductible Expenses: Expenses that may be deducted when determ...