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flag The UAE imposes a 14% monthly penalty on corporations that miss their monthly tax deadline.

flag The UAE's Federal Tax Authority (FTA) announced that corporations missing their monthly corporate tax deadline will face a 14% monthly penalty on the unpaid amount, starting the day after the deadline. flag The tax must be paid within nine months of the end of the relevant tax period, according to Federal Decree-Law No. flag 47 of 2022.

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