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UAE Ministry of Finance Announces Schedule of Administrative Penalties for Corporate Tax Violations

|Approved Changes|United Arab Emirates
United Arab Emirates

The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 75 of 2023, which establishes the schedule of administrative penalties for violations related to the new Corporate Tax Law. The decision is effective from 1 August 2023.

The schedule includes the following 13 violations and resulting penalties:

1. Violation: Failure of the person conducting a business or busine…

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