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Family Foundations

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Federal Tax Authority launches “Family Foundations as an Unincorporated Partnership” application via EmaraTax Digital Platform

The Federal Tax Authority (FTA) has today introduced a new application via the “EmaraTax” digital tax services platform, enabling eligible Family Foundations to apply for status as an Unincorporated Partnership. Such a status is subject to the provision that the Family Foundation meets specific conditions as per Federal Decree-Law No. 47 of 2022 on the […]