UAE announces tax exemptions for public benefit entities

[ad_1] Abu Dhabi: The Ministry of Finance has announced a new UAE Cabinet decision relating to ‘qualifying public benefit entities’, whereby Public benefit entities are exempted from the corporate tax. It’s noteworthy that the Corporate Tax Law provides the legislative basis for the introduction and implementation of a Federal CorporateContinue Reading

Biden, Harris release 2022 tax returns

[ad_1] Wilmington: Democratic presidential candidate former Vice President Joe Biden stands left as his running mate Sen. Kamala Harris, D-Calif., speaks at the Hotel DuPont in Wilmington, Del., Thursday, Aug. 13, 2020. (AP/PTI Photo) Washington: US President Joe Biden and Vice President Kamala Harris have released their 2022 federal incomeContinue Reading

Tax refunds more scarce as filing deadline hits

[ad_1] With the tax-filing deadline for most people hitting at midnight Tuesday, the total amount of money paid out is down too, by 10.6 percent. At $199 billion, that’s less than the IRS had disbursed at this point in 2013. Analysts point to a number of reasons for the shrinkingContinue Reading