
Understanding EBITDA & its relevance in the UAE Corporate Tax
What does EBITDA stand for? EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, impacts financial analysis. It gives a clear view of how a company performs. In UAE corporate tax rules, EBITDA helps to decide if interest expenses can be deducted. Understanding EBITDA EBITDA is not a metric recognised in GAAP (Generally Accepted Accounting…