Case study on UAE Corporate Tax-Taxable Income
ABC Ltd,a company based in the UAE, has the following figures from the profit and loss a/c Revenue AED 20 million Cost of Goods sold AED 9 million General & Admin expenses AED 4 million Entertainment expenses AED 300,000 (not included in G&A exp.) Net profit AED 6,700,000 Break up of entertainment expenditure: (1) Related […]