corporate tax
This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines
This measure allows updates without penalties for failing to notify the FTA
The extension applies to short Tax Periods that conclude on or before February 29, 2024
This new framework for MNEs is fully in line with the guidelines set by the OECD
If the banks pay corporate tax, then this amount will be deducted from their total tax liability
