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Analysis of Entertainment Expenses (Corporate Tax in UAE)

Author 1
Written By Fayas Ismail,
Published on December 18, 2024
Analysis of Entertainment Expenses (Corporate Tax in UAE)
Analysis of Entertainment Expenses (Corporate Tax in UAE) According to Article 32 of the Decree-Law, a Taxable Person is permitted to deduct only 50% of any expenses related to entertainment, amusement, or recreation that are incurred during a Tax Period for the purpose of engaging and entertaining customers, shareholders, suppliers, or other business associates. This includes, but is not limited to, expenses associated with the following activities: • Meals. • Accommodation. • Transportation. • Admission fees. • Facilities and equipment used in connection with such entertainment, amusement or recreation. • Such other expenditure as specified by the Minister

Akshaya Ashok
Reviewed By
Fahad Ismail

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