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Tax & VAT

What is Realisation Basis (Corporate Tax)?

An accounting election under UAE Corporate Tax that lets a business recognise certain gains and losses only when assets or liabilities are actually realised, rather than on unrealised revaluations passing through the accounts. This can defer tax on paper movements in value. The election is subject to conditions and must be applied consistently. Confirm whether the realisation basis suits you with the FTA.

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