Key FTA Clarifications & Public Decisions
What Are FTA Clarifications?
The FTA issues public clarifications to interpret the Corporate Tax law. These are binding on the FTA and provide certainty for taxpayers who follow them.
Types of FTA Guidance
- Public Clarifications — interpret specific provisions
- Decisions — binding rulings on specific cases
- Guides — comprehensive guidance on topics
- FAQs — answers to common questions
Key Clarifications
- Corporate Tax Guide for Free Zone Persons — conditions for 0% rate
- Corporate Tax Guide on Qualifying Income — defining qualifying Free Zone income
- Corporate Tax Guide on Tax Groups — formation and operation
- Corporate Tax Guide on Qualifying Group Relief — loss surrender
- Corporate Tax Guide on Transfer Pricing — arm length compliance
- Corporate Tax Guide on General Interest Deduction Limitation — Article 30
How to Use Clarifications
- Check if a clarification covers your situation
- Follow the clarification in good faith
- If you follow a clarification, the FTA cannot penalise you for the interpretation
- If the clarification is later withdrawn, the FTA provides a transition period
Binding Nature
Public clarifications are binding on the FTA. This means the FTA cannot take a position contrary to a published clarification.