UAE Introduces 15% Domestic Minimum Top-up Tax (DMTT)

The UAE has announced the implementation of a Domestic Minimum Top-up Tax (DMTT) targeting Multinational Enterprises (MNEs) operating within the country. This move aligns with the UAE’s commitment to the OECD’s Base Erosion and Profit Shifting (BEPS) Pillar Two initiative, which ensures that MNEs pay a minimum effective tax rate of 15% in each jurisdiction […]