Treatment of Unrealized gains & losses and category of exempt income
This course provides a comprehensive overview of the treatment of unrealized gains and losses, tax provisions, administrative penalties, and exempt income within the context of UAE corporate taxation. Participants will gain insights into various relief mechanisms and exemptions, enabling them to navigate the complexities of UAE tax law effectively.
Course Outline:Module 1: Exempt Income
- Understanding Exempt Income
- Dividends and Participation Exemption
- Exempt Income and its Implications
Module 2: Reliefs
- Introduction to Tax Relief Mechanisms
- Qualifying Groups for Relief
- Business Restructuring Relief
- Small Business Relief
- Other Relief Provisions
Module 3: Treatment of Unrealized Gains and Losses
- Conceptual Understanding of Unrealized Gains and Losses
- Tax Treatment of Unrealized Gains and Losses
- Strategies for Managing Unrealized Gains and Losses
Module 4: Foreign Permanent Establishment
- Overview of Foreign Permanent Establishment
- Tax Implications for Foreign Permanent Establishments in UAE
- Compliance Requirements and Best Practices
Module 5: Income from Operation of Aircraft or Ships by Non-Residents in International Transportation
- Taxation of Income from International Transportation
- Special Considerations for Aircraft and Ships Operations
- Case Studies and Practical Applications
Module 6: Tax Provisions and Administrative Penalties
- Key Tax Provisions in UAE Corporate Tax Law
- Administrative Penalties for Non-Compliance
- Mitigation Strategies and Compliance Tips
Learning Outcome :
Participants will emerge from the course equipped with a deep understanding of exempt income, including dividends and participation exemptions, and learn how to leverage relief mechanisms such as qualifying groups, business restructuring relief, and small business relief to minimize tax liabilities.
This knowledge will empower them to strategically manage their organization's tax obligations while maximizing available exemptions and reliefs, ultimately contributing to improved financial performance and compliance.
TRAINER 
CA Hemant Mundhra
CA Hemant Mundhra is a highly experienced Chartered Accountant and Management Accountant with over 15 years of expertise in the field. He is currently working as CFO on Demand at The Total CFO Management Consultancy in Dubai, UAE. Hemant helps clients solve their financial management needs by providing actionable documents like business plans, valuation and budget documents, with additional services in compliance, corporate governance, and taxation matters.
