KPMG 2012 Revenues Reach US$23 Billion
KPMG International has announced record-high combined revenues of US$23.03 billion for the fiscal year ending 30 September 2012, representing a…
Tax
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Standard Chartered hit by $300m in Iran fines
The UK-based bank has been fined $100m by the Federal Reserve while it will also pay the Department of Justice…
Standard Chartered expects further $330m Iran fine
Standard Chartered said it expected to pay a further $330m (£205m) to settle allegations that it breached US sanctions with…
E&Y appoints Head of Credit Risk Control to Oman Islamic Financial Services
Ernst & Young announced the appointment of Shahid Jabbar Mughal as Senior Manager to its Islamic Financial Services team in…
UAE tax treaties surge 40 per cent as wealth funds rise
The UAE is accelerating tax treaties with trading partners as global jurisdictions fight to win a greater share of taxable…
Morocco Eyes Tax On Wealth
Morocco's Finance Minister Nizar Baraka has recently underlined the need for the government to examine both the "feasibility and the…
BDO Sees Global Revenue Grow in 2012
BDO is pleased to announce that the total combined fee income for the year ended 30 September 2012 for all…
UAE signs agreement with to avoid double taxation on income
The United Arab Emirates, represented by Ministry of Finance, signed yesterday an agreement with Mexico to avoid double taxation on…
FATCA Model 2 Agreement Released – Withers
Treasury has now released the long-anticipated “Model 2” intergovernmental agreement to facilitate the implementation of FATCA, which is expected to…
'Mansion tax' set to hit Gulf buyers in London
Arabian Gulf investors in UK property are set to be hit by a spiralling tax bill as the British government…
U.S. Engaging With More Than 50 Countries To Curtail Offshore Tax Evasion
The U.S. Department of the Treasury today announced that it is engaged with more than 50 countries and jurisdictions around…
Israeli banks demanding to see U.S. citizens' tax returns
In a move that some tax lawyers are calling a blatant violation of customer privacy, two Israeli banks are requiring…