Page 64 - Connect 2 Impact Souvenir Flip Book

Event Highlights - April to September 2022

UAE Corporate Tax Demystify The Public Consultation Document, 21 May 2022

UAE Corporate tax event was held on Speakers for the event included CA
the 21st of May 2022 at the Sheikh Nilesh Ashar (Tax partner at KPMG),
Rashid Auditorium in Indian High Mr. Francesco Marconi (Partner
School, Oud Mehta with an over- international tax, Anderson UAE/
whelming response from the members Italy), CA Manoharan Palerichal (CEO,
as the event was attended by 500+ Emirates Chartered Accountants
professionals. Group), CA Amit Mehta (Associate tax
partner, UHY James). Speakers shared
The tone of the session was set the need for embracing technology and
by discussing some of the most digitalisation in taxation domain while
intriguing areas such as taxability on preparing for implementation for this
non-Residents, concept of permanent first time introduced direct tax in UAE.
establishment, expected transfer Speakers left no stone unturned and
pricing rules. picked up all the complex areas in public
consultation such as transfer pricing
Basics of Corporate tax (CT) and the rules along with various methods,
intention of UAE in adopting the law definition of related parties, possibility
was discussed in detail along with of making tax groups, applicability of
many other relevant aspects such as OECD guidelines in selecting methods
tax rates, types of income exempt from to be used for determining the arm’s
CT, impact on free zone companies etc length pricing of transactions.

ICAI Dubai Mens Cricket Tournament 2022, 22 May 2022

In coordination with CA Manoj Agrawal close finishes that kept spectators on
and CA Jai Prakash, ICAI Dubai the edge of their seat. The event was
Chapter yet again organized one of the organized with qualifying matches that
most popular event of the year “ICAI lead to quarter finals, semi-finals and
Dubai Cricket Tournament” which then finals. Winner of the tournament
was organised at Insportz Club, Al was team Anderson and runner up
Quoz, Dubai. The tournament received was team RNG. Gold trophy was for
a thundering response from the the winning team and silver trophy
members with teams for men’s this was for the runner up team along with
year increased to 32 teams compared individual trophy to each member.
to 21 teams last year. The twist for Medals were also given to man of
this year was that we had sponsors match for each of the match played
(Anderson, RNG, Jaipur Panthers, in the tournament. The tournament
Premier Brains, KRV and MCA) for few ended with distribution of trophies
teams which created a very different to winner first runner up along with
level of enthusiasm. league performer trophies for best
bowler, best batsman and player of the
It was a great tournament with so many tournament.

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