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Learn moreGuide is effective October 24, 2024
The Federal Tax Authority (FTA) released a guide on the corporate tax treatment of real estate investments for natural persons, which is effective October 24, 2024.
The guide clarifies that real estate investment income for individuals may be exempt from corporate tax under specific conditions and is not considered business income, and thus does not affect the AED1 million turnover threshold for tax registration.
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