What expenditure will be non-deductible for the purposes of calculating taxable income?

Article 33 of the UAE Corporate Tax Law lists certain specific expenses for which no deduction will be allowed, such as bribes, fines and penalties, and no deduction is available for expenditure incurred in deriving income that is exempt from CT or losses that are not connected with or arising out of a taxpayer’s business. Additionally, certain restrictions may apply to the deduction of interest expenditure.