UAE’s Ministry of Finance has announced that certain businesses and individuals are exempt from registering for Corporate Tax. The authority issued a Ministerial Decision No. 43 of 2023 on Exception from Tax Registration for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”), in accordance with Article […]
tax
Posted inExploration & Production
Global petrostates can forget trillion-dollar oil and gas tax revenues as energy transition bites: Rystad
2021 will be the last year global oil and gas taxes will approach the trillion-dollar mark, reaching about $975 billion