UAE looks at bank procedures to comply with new US tax act
Central Bank held a seminar to discuss the procedures to facilitate the new US Foreign Accounts Tax Compliance Act (FATCA),…
Tax
1273 articles found
Cross-Border Tax On Islamic Finance Prohibitively High
A new study into the cross border tax burden on Islamic finance transactions in the Middle East and North Africa…
FATCA presents challenges for Lebanon
The head of Lebanon’s banking association warned Tuesday of the challenges facing Lebanon banks due to new U.S. banking regulations…
G20 ‘determined’ to address tax evasion by multinational companies
The G20 group has expressed determination to crack down on multinational corporations seeking tax evasion in their home countries. The…
Swiss tax haven is over
Switzerland will now assist international tax authorities in disclosing information on bank accounts held by foreigners who avoid taxation at…
Through Tamkeen's 'Mohasabha' programme KPMG Fakhro serves more than 400 beneficiaries
KPMG Fakhro, one of the service providers for Tamkeen's 'Mohasaba' programme, has recently achieved a significant milestone of serving more…
Oman figures favourably in KPMG's tax rate survey
Mirroring the trends seen in past years, corporate and indirect tax rates around the world are in a constant state…
FATCA: A new era of financial transparency
Since 2008, the U.S. government has been aggressively moving against U.S. taxpayers who have undeclared foreign accounts. Through a variety…
Soaking the rich won't work
The decision by French actor Gerard Depardieu to flee to lower-taxing Belgium serves as a high-profile example of the folly…
Comprehensive Changes Made To DIFC Laws
The Dubai International Financial Centre Authority has confirmed the enactment of four new laws, the Employment Law Amendment Law, the…
BNP Paribas Securities Services unveils FATCA service for asset managers
BNP Paribas Securities Services has launched a service to help asset managers meet the requirements set out by the US…
How I Helped the North Koreans Launch their Rocket by Justin Urquhart Stewart
I overheard one banker this week saying that there was apparently no real connection between his bank (the one that…