UAE Implements 15% Minimum Tax for Large MNE’s
Starting January 1, 2025, the UAE is implementing a 15% Domestic Minimum Top-Up Tax (DMTT) targeting multinational enterprises (MNEs) with global revenues of €750 million or more. This aligns the UAE with the OECD’s Pillar Two framework, ensuring that large MNEs pay a minimum effective corporate tax rate of 15% on UAE-sourced profits. What Is […]