Ministerial Decision No. 88/2025 On the Agreed-Upon Explanations and Administrative Guidelines for the Purposes of Cabinet Decision No. 142/2024 on Imposing a Supplementary Tax on Multinational Corporations
The Minister of State for Financial Affairs,
Pursuant to the perusal of the Constitution;
Federal Law No. 1/1972 on the Competencies of Ministries and Powers of Ministers, and its amendments;
Federal Decree-Law No. 47/2022 on Corporate and Business Taxation, and its amendments,
Cabinet Decision No. 142/2024 on imposing a supplementary tax on multinational corporations.
Has decided the following:
Article 1 - Agreed-upon Explanations and Administrative Guidelines
The Agreed-upon Explanations and Administrative Guidelines, as set out in the list attached to this Decision, shall be adopted for the purposes of Cabinet Decision No. 142/2024 referred to above.
Article 2 - Publication and Enforcement of the Decision
This Decision shall be published in the Official Gazette and shall come into force as of January 1, 2025.
Issued on 28/Ramadan/1446 H.
Corresponding to: 28/3/2025
Mohammed bin Hadi Al Hussaini
Minister of State for Financial Affairs
This Ministerial Decision was published in the Official Gazette, Issue No. 798, p. 79.