| Tax Statutes | Description |
| United Arab Emirates (UAE) | |
| Corporate Tax (‘CT’) | The Federal Tax Authority (‘the FTA’) released amended CT guide on the taxation of Family Foundations (CTGFF1) June 2026, updating few sections in the previously issued guide and providing greater clarity on the application of Article 17 of the UAE CT Law
The updated guide also clarified key conditions for tax transparency treatment, providing greater certainty on the operation and tax treatment of Family Foundations and further strengthening the UAE’s position as a leading hub for family wealth planning and long-term asset protection |
| The FTA published a Business Bulletin, outlining the key principles relating to CT losses, aiming to make technical aspects of the CT Law more accessible to businesses and support greater understanding of the UAE tax framework | |
| The FTA updated the CT return form in the EmaraTax Portal, making it mandatory for taxpayers to provide the shareholders details such as the name of Multinational Enterprise (‘MNE’) Group, Ultimate Parent Entity, immediate parent entity and related information | |
| Value Added Tax (‘VAT’) | The FTA issued a new VAT Guide for the Education Sector (VATGED1), providing comprehensive guidance on the VAT treatment of educational services and related supplies in the UAE |
| The FTA issued updated guidance on the VAT Refund Scheme for UAE Nationals’ new residences, effective from 01 January 2026. This revised guide expands the list of expense items eligible for VAT recovery by UAE Nationals constructing new residences | |
| UAE E-Invoicing | The National Assembly of Burundi approved the Burundi–United Arab Emirates Income Tax Treaty (2017), representing a further step toward the treaty’s entry into force. This development further demonstrates the UAE’s ongoing commitment to expand its international tax treaty network with the objective of facilitating cross-border trade and investment, enhancing certainty for taxpayers and providing relief from double taxation
It marks a pivotal milestone toward the gradual, secure, and successful implementation of the Electronic Invoicing System across the UAE |
| Pillar Two Framework | The MoF issued Ministerial Decision No. 96 of 2026 on the Commentary and Agreed Administrative Guidance for Purposes of Cabinet Decision No. 142 of 2024 on the imposition of Top-Up Tax on MNEs, adopting the OECD Commentary and Administrative Guidance into the UAE’s pillar two framework |
| Dubai Customs | The Dubai Customs issued a Customs Notice No. (14/2026) introducing temporary installment facility for outstanding Customs Duty amounts payable to the Dubai Customs, providing businesses with greater flexibility in managing customs duty payments and cash flows |
| The Dubai Customs issued a Customs Notice No. (15/2026) introduced a temporary facility of fine reduction of eligible customs case fine to support the economy, ease trade, and help customers during the current situation and as part of its economic incentive package
A reduction of fines by 80% for eligible custom duties are available. Further, the reduction applies only to financial penalty, and no reduction is available for custom duties, service fee, admin charges or other similar charges |
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| FTA updates | The FTA released its 2025 Annual Report, providing an overview of the authority’s performance and key achievements in tax collection, digital transformation, regulatory oversight, and customer service. The report reflects the FTA’s continued focus on strengthening the UAE’s tax ecosystem through innovation, compliance, and service excellence |
| Qatar | |
| Corporate Income Tax (‘CIT’) | The extended deadline for filing 2025 tax returns with the Qatar General Tax Authority expired on 30 June 2026, following the Authority’s earlier decision to extend the original 30 April 2026 filing deadline by two months to support taxpayer compliance |
| The Kingdom of Saudi Arabia (‘KSA’) | |
| GCC Unified VAT Agreement | The Saudi Council of Ministers, through Decision No. 887, approved amendments to the GCC Unified VAT Agreement, introducing a minimum standard VAT rate of 5% and revising the VAT treatment of certain intra-GCC transactions. The changes aim to enhance cross-border VAT administration, improve coordination and information exchange between GCC tax authorities |
| KSA Taxes | The Zakat, Tax and Customs Authority announced decision to further extend the fines and financial penalties waiver initiative, making it available for taxpayers who wish to submit a voluntary disclosure through their returns and pay the taxes due. This initiative has been extended for an additional six-month period, commencing on 1 July 2026, and concluding on 31 December 2026 and applies to Excise Tax, Value Added Tax, Real Estate Transaction Tax, Withholding Tax and Corporate Income Tax |
| Sultanate of Oman | |
| E-Invoicing | The updated PINT Oman specification released for Oman E-Invoicing implementation |
| Bahrain | |
| Transfer Pricing | Bahrain’s National Bureau for Revenue released Version 1.0 of its first Transfer Pricing Guide, offering enhanced guidance on transfer pricing obligations for MNE Groups subject to the Domestic Minimum Top-Up Tax framework and its Executive Regulations |
| Kuwait | |
| OECD Multilateral Instrument (‘MLI’) | Kuwait’s accession to the OECD MLI became effective domestically on 7 June 2026, marking a significant step towards aligning Kuwait’s tax treaty framework with Base Erosion and Profit Shifting standards |