Transfer Pricing in the Middle East
TV interview – CNBC Arabia
Radio interview - Dubai eye
The Organization for Economic Co-operation and Development (OECD) GloBE Pillar Two proposals call for a minimum level of corporate tax for inclusive framework members (which includes the United Arab Emirates (UAE) and other Gulf Cooperation Council (GCC) territories). This would be a groundbreaking development in the Middle East where zero or low corporate tax regimes are commonplace. An overview of the likely impact on investments in the region will be provided, along with a backdrop of new transfer pricing regulations.
Shiv Mahalingham, Deloitte Middle East Transfer Pricing Leader, discussed the possible introduction of minimum corporate tax in the UAE and GCC and the impact it might have on the region.