corporate tax in the uae (1)

What are Tax Losses and their Implications on UAE Corporate Tax?

When total deductions for a given tax year exceed total taxable income, a tax loss occurs. Simply put, it's when a business has losses that can be carried forward to lower its taxable income in subsequent years. In this piece, we'll look into tax los...

Risians Accounting · 08 July 2023 · 1