Tax or no tax, UAE aims to remain magnet for investors ...Middle East

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DUBAI: Tax advantages paired with a life of luxury have long drawn foreigners and multinationals to the UAE, which is aiming to remain attractive whether or not it signs up to a global tax initiative.The Group of Seven wealthy powers this month endorsed an “unprecedented” agreement on a global minimum corporate tax targeting major companies seen as not paying enough, especially tech giants.The objective is a minimum tax of at least 15%.While the agreement is the first step in a long process before it can become a reality, caught in the crosshairs are tax havens that attract firms such as Amazon, Apple, Google and Facebook.The United Arab Emirates entered the world’s top 10 tax havens for the

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