This week was published the new FTA clarification on the financial reporting of tax groups and new Dubai regulations on the taxation of foreign banks, environmental requirements, forensic expertise and HR procedures. Real Law has added templates for corporate transactions and intellectual property.
From the Federal Tax Authority (FTA) — Corporate Tax Public Clarification CTP007 Financial Statements and Related Audit Requirements for a Tax Group. The document confirms that from June 1, 2023, such tax groups are required to prepare aggregated financial statements for the calculation of corporate tax. For more details, see the Real Law Telegram channel.
The Official Gazettes of Dubai No. 734, No. 735 (special edition) and No. 736 (special edition) published acts on the taxation of foreign banks, environmental requirements in the field of waste management, personnel procedures in private schools, as well as on issues of forensic examination and charity:
- Administrative Decision No. 95 of 2025 On the regulation of the exchange of data and information related to taxes imposed on foreign banks in the Emirate of Dubai.
- Administrative...