What is corporate tax in Dubai? A type of direct tax known as Corporate Tax (CT) is imposed on the net income or profit that corporations and other entities make from their operations. In certain countries, corporate tax is also known as “business profits tax” or “Corporate Income Tax (CIT).” The CT regime in Dubai […]
What do you understand by corporate tax? A tax on a corporation’s profits is known as a corporate tax. Revenue less cost of goods sold (COGS), general and administrative (G&A) costs, selling and marketing, R&D, depreciation, and other operating costs comprise the company’s taxable income, upon which taxes are paid. Every country has a different […]