Wednesday, February 28, 2024

UAE - Ministry of Finance announces AED10,000 penalty for late Corporate Tax registration

The Ministry of Finance on 27 February 2024 announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses.

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European Parliament: AI Act: deal on simplification measures, ban on “nudifier” apps

The agreement between EU co-legislators aims to make it easier for providers to comply with the AI Act, while maintaining its main provision...