The new development is setting new benchmarks in luxury living, combining opulent amenities with breathtaking natural landscapes
The UAE has redefined the criteria of tax residency for individuals to qualify for a tax residence certificate (TRC) through Cabinet decision no 85 of 2022. According to this, any UAE national, a GCC national, or an expatriate having UAE residence permit who has been physically present in the UAE for a minimum of 90 days over a year, will be regarded as a tax resident in the UAE, provided they have a permanent place of residence, employment, or business in the UAE. Sometimes, one becomes a tax resident of any other country as well, during the same period and if so, he can review the benefits of the tax treaty between the two countries and determine the tax residency, considering the tie-breaker rule.
The resident is defined in different ways in different tax treaties. For instance, India, Ireland, Israel etc have certain days’ stay as a criterion, while countries like Saudi Arabia and the UK refer to the local laws to determine tax residency.
Determining your tax residency will play a vital role in deciding which country will be taxing your world income, and tax treaties can be a respite in many scenarios.
The new development is setting new benchmarks in luxury living, combining opulent amenities with breathtaking natural landscapes
Empowering growth through next-generation solutions and a commitment to financial literacy
The event brings together the finest minds in technology and medical education
With thousands of food packages delivered, the company has not only provided sustenance but also a sense of hope to those facing the adversity of natural calamity
The exhibition set to transform the regional flooring industry
The exhibition will focus on key trends such as AI, cloud, and operational technology, as well as bridging the skills gap
Alongside the ceremony, a coffee table book will be unveiled, commemorating the achievements of the awardees
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