What is the De Minimis Net Interest Expenditure threshold under UAE Corporate Tax laws?

The De Minimis Net Interest Expenditure threshold is a safe harbour provision introduced by the Cabinet under Ministerial Decision No. 126 of 2023. If the net interest expense of a taxable person for the relevant tax period does not exceed AED 12 million, the full interest expenditure is deductible without applying the EBITDA-based limitation.