1 / 7

What is the Taxation Law

The taxation law assignment is all about the facts and its enactments of various taxation laws during your law course. Hence it puzzles most students pursuing law in UAE. Moreover, the students need to devote more time on these types of assignments along with profound expertise in a different type of laws

sameddy99
Download Presentation

What is the Taxation Law

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WHAT IS THE TAXATION LAW? PRESENTED BY SAM EDDY www.myassignmentservices.ae

  2. TABLE OF CONTENT • Type of Taxes • Taxation Law in UAE • Federal Taxes In UAE • Income Tax • Corporate Tax • Individual Tax

  3. TAXATION LAW In a nutshell, taxation refers to the government's imposition of mandatory taxes on individuals and businesses, whereas tax law refers to the official and approved regulations that apply to taxation. These laws provide information on the specific constitutional, legislative, and regulatory standards that apply to taxation and assist people in understanding the repercussions of failing to pay taxes. www.myassignmentservices.ae

  4. TYPE OF TAXES • The tax law of every nation is exclusive still there are numerous common elements and imposed for strengthening the economy, Undoubtedly the taxes are regarded as the greatest source of income which the government spend on the public welfare and development mechanisms. • Students studying law it is highly essential for them to understand the core concepts and write informative & high-quality assignments. • Our taxation law assignment help online offers students the best platform to understand the ins and out of taxation law and avail the best score. www.myassignmentservices.ae

  5. TAXATION LAW IN UAE UAE is mainly a tax-free country and one of the most preferred countries for employment and doing business until 1st January 2018 when the country introduced the VAT system. There are two types of taxes in the UAE, namely Federal Taxes and regional Taxes. So, our taxation law assignment help UAE covers the details of these taxes for offering in-depth knowledge to the students in UAE. www.myassignmentservices.ae

  6. FEDERAL TAXES IN UAE INCOME TAX The federal system in the UAE does not impose any tax on income, so IT return is not applicable to the individuals residing in the country. INDIVIDUAL TAX the residents of GCC nationals, and they have to pay a tax of 17.5% where 5% get deducted from their salary. The employers pay the rest 12.5% as a social security contribution. CORPORATE TAX UAE is somehow liberal in terms of corporate taxes; the government only imposes such tax on the oil companies and overseas banks.

  7. THANK YOU Hope You Learned Something New For More Info Please Visit::- www.myassignmentservices.ae

More Related