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…
Tax
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'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…
KPMG named ‘Most outstanding Islamic advisory firm’
KPMG was recognized as the “Most outstanding Islamic Finance Advisory firm” by the prestigious International Islamic Forum held in Kuala…
KPMG named ‘Most outstanding Islamic advisory firm’
KPMG a global network of professional firms providing Audit, Tax and Advisory services was recognized as the “Most outstanding Islamic…
Tax havens and tax hells
A new report released this week by global accountancy group KPMG reveals that Brits are among the world's most…
Arab banks mull repercussions of US FATCA law
The Union of Arab Banks and the World Union of Arab Bankers organized Wednesday here a seminar on the impacts…
FATCA Seen To Impact All Financial Firms In Kuwait
The US Department of Treasury and Internal Revenue Service (IRS) issued the guidance for non-US financial institutions and US withholding…
Deloitte announces revenue results of US$31.3 billion
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May…
UK's most wanted tax fugitives 'in Dubai'
Three of the Britain’s 20 most wanted tax fugitives are thought to be living in Dubai, authorities said after taking…
UK to crackdown on tax dodging Gulf-based landlords
The UK is clamping down on Gulf landlords who have bought properties in Britain and have not declared the rental…