Non Tax-Deductible Expenses (Corporate Tax in UAE)

Tax Non-Deductible Expenses (corporate tax in UAE) Expenses that are not related to the operations of the Taxable Person's Business Expenses incurred in generating Exempt Income Losses that are unrelated to or do not stem from the Taxable Person's Business Any additional expenditures as may be determined by the Cabinet. Following are the Non-Deductible Expenses Shareholders' personal expenditures such as costs associated with international travel with family, family dining experiences, housing rent or grocery expenses, vehicle maintenance and repairs, as well as club membership fees, among others. Expenses documented or provisions requested lacking a scientific foundation (such as 'Provision for Slow Moving' or 'Provision for Impairment Loss'). Bribes or other illicit payments Expenditure for earning exempt/ non-taxable income Donation and Gifts to entities other than a Qualifying Public benefit entity Employers' contributions to a private pension fund on behalf of their employees that are either not disbursed during the Tax Period or exceed 15% of the employee's total compensation for that specific Tax Period. Administrative Fines and penalties (including RTA fines, VAT penalty and VAT interest etc.). Prior period expenses i.e. expense not pertaining to current year but pertains to the earlier tax periods. Corporate taxes paid Recoverable VAT Distributions of dividends, profits, or similar benefits provided to shareholders.