This UAE Federal Tax Authority Public Clarification (CTP010) defines the terms "director" and "officer" in relation to Connected Persons under Article 36 of the Corporate Tax Law. It clarifies that a director holds a position on a governing board, while an officer possesses ultimate strategic decision-making authority. These definitions are crucial for determining the deductibility of payments based on Market Value.
CTP010
Corporate Tax Public Clarification
Clarification of the terms "director" and "officer" for the purpose of payments to Connected Persons under Article 36 of the Corporate Tax Law
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