Pillar two floor could disadvantage tax frameworks in the Middle East

Danish Mehboob

June 07, 2021

UAE introduces corporate tax regime with 9% rate for majority of businesses

Following the G7 agreement on a global minimum corporate tax rate, tax directors suggest Gulf Cooperation Council (GCC) countries face significant tax outflows under pillar two because of limited domestic corporate tax regimes.

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Pillar two floor could disadvantage tax frameworks in the Middle East

Following the G7 agreement on a global minimum corporate tax rate, tax directors suggest Gulf Cooperation Council (GCC) countries face significant tax outflows under pillar two because of limited domestic corporate tax regimes.

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