March 4 2024

Federal Tax Authority Publishes Tax Guide on Partnerships

The Federal Tax Authority (FTA) has recently published the tax guide on partnerships (the guide). The guide provides the following:

  • a general understanding of how corporate tax law treats partnerships;
  • information concerning how corporate tax law applies to a partnership and its partners, including special provisions that apply to partnerships and the tax treatment of commonly occurring events; and
  • information with regard to the registration, filing requirements, compliance, and other tax obligations related to partnerships and partners.

Further information about the UEA Corporate Tax is available here

Source: IBFD Tax Research Platform News