Page 62 - AGM Report 2024

ANNUALREPORT 2023|24

Corporate Tax Started Walking… Are you ready to walk along ? - 06 January 2024
th

The event titled “Year 2024 – of panelists to explore the implications and Director in taxation, focusing on
Corporate Tax Started Walking… Are and strategies surrounding Corporate the legal and regulatory aspects of
you ready to walk along” organized Tax implementation. Here’s a summary Corporate Tax implementation. He
by the Managing Committee of ICAI of the discussion and contributions discussed compliance requirements
Dubai Chapter NPIO, was designed from each panelist: and the importance of staying updated
to explore the implications and with tax laws.
transformative landscape following Moderator: 4. Ms. Aditi Bhoj, Deputy
the implementation of Corporate Tax. • CA Nirav Shah: As the Manager - Corporate and International
It aims to unravel the layers of this moderator, CA Nirav Shah facilitated Tax at MBG Corporate Services
significant change and provide insights the discussion, ensuring that all provided perspectives from the
into navigating the evolving terrain. The panelists had an opportunity to share perspective of corporate and
event was held on 06th January 2024 their insights and expertise. He guided international tax services, highlighting
at the Swissotel Al Murooj Hotel the conversation, keeping it focused the global implications of Corporate
on key topics related to corporate Tax implementation. She discussed
CA Manu Palerichal, CEO & Founder taxation. cross-border tax planning and the
Partner of Emirates Chartered impact of international tax treaties.
Accountants Group (ECAG) discussed Panelists: 5. CA Amit Mehta, Associate
decisive strategies tailored for free 1. CA Vinit Gala, Tax Director Partner - TAX at UHY James shared
zone entities amidst legal gray areas at Premier Brains provided insights insights from his role as an Associate
in the context of UAE Corporate from his experience as a Tax Director, Partner in tax services, focusing on
Tax. Attendees gained insights into offering perspectives on the challenges practical strategies for businesses to
navigating complexities and optimizing and opportunities that Corporate Tax adapt to Corporate Tax changes. He
strategies for compliance. implementation brings for businesses. discussed the role of technology in
CA Mithilesh Reddy, Senior Partner – He discussed strategies for tax compliance and the importance of
Transfer Pricing at SBC Tax Consulting optimizing tax structures and ensuring ongoing tax planning.
LLC compliance. Overall, the panel discussion provided
delved into the intricacies of transfer 2. CA Nishant Rayma, Tax Partner attendees with a comprehensive
pricing, focusing on implementation at RMC Tax Consulting shared his understanding of the implications and
challenges and strategies for effective expertise in tax consulting, providing strategies surrounding Corporate Tax
navigation. This session provided practical advice on navigating the implementation. By bringing together
attendees with practical insights complexities of Corporate Tax. He experts from various areas of taxation,
into managing transfer pricing discussed best practices for managing the event offered valuable insights for
complexities. tax liabilities and minimizing risks. businesses to develop a vision for the
3. CA Samir Popat, Partner future and prepare for the challenges
The panel discussion, moderated by CA & Director - Taxation at Nadeem & and opportunities ahead in the realm
Nirav Shah, Director at FAME Advisory Umendra Chartered Accountants of corporate taxation.
DMCC, brought together a diverse group offered insights from his role as a Partner

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