Case scenario on Article 3
- A Ltd earned total income of AED 10 Lakh during the year out of which Taxable of income of A Ltd is 8 Lakh. Compute the Tax payable by the A Ltd.
Ans. Tax payable by A Ltd shall be calculated as follow:
| Tax Slab | Tax Amount (AED) |
| UP to AED 3,75,000 | 0 |
| More Than AED 3,75,000 (i.e 4,25,000) | 38,250 |
| Total Tax Payable By A Ltd | 38,250 |
- Z Ltd (Qualifying Free Zone person) earned qualified income of AED 40 Lakh and other than qualifying income of AED 20 Lakhs. Compute the Tax liability of Z Ltd.
Ans. Tax Liability of Z Ltd shall be calculated as follow:
| Income of Z Ltd | Tax Amount (AED) |
| Qualifying Income AED 40 Lakh | 0 |
| Non Qualifying Income AED 20 Lakh(Tax rate 9%) | 1,80,000 |
| Total Tax Liability of Z Ltd | 1,80,000 |
