UAE Snapshot IV – Arm’s Length Range
Background
UAE introduced federal decree-law on corporate tax, called the Federal Corporation Tax (‘CT’) on 9th December, 2022. In the previous three editions of UAE Transfer Pricing (‘TP’) bulletin we had provided a comparative overview of the salient features of UAE and Indian TP regulations. In this edition, we dive into some key aspects and practical guidance provided to the taxpayers on TP regulations via the Corporate Tax Guide (‘CT Guide’) issued on October 23, 2023. Below is a comparative snapshot on the concept of arm’s length range and selection of comparable companies:
For further information, please contact:
Shivi Rastogi, Partner, Amicus
shivi@amicusservices.in
