Adjustments to Taxable income – Explained
Summary on calculation of taxable income Set out below is an illustrative/indicative summary of how Taxable Income will generally be computed for UAE CT purposes: Net accounting profit/(loss) before tax Fair value accounting and capital asset adjustments (subject to election) less/add: unrealised gains/losses less/add: foreign exchange gains/losses Exempt income less: Dividends and profit distributions received […]