Tax
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Dubai introduces new law on the taxation of foreign banks
A new piece of legislation (Law No. (1) of 2024 on Taxation of Foreign Banks Operating in the Emirate of Dubai (the "2024 Law")) was issued into law by His Highness Sheik Mohammed bin Rashid Al Maktoum, the Ruler of Dubai on 1 March 2024. This law repeals the existing…
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