KPMG strengthens presence in MESA region
KPMG Middle East and South Asia (MESA) have recently appointed Suhael Ahmed as the Chief Operating Officer and Head of…
Tax
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Changes in MENA Tax laws promote better transparency: Ernst & Young
According to a panel discussion at the recently concluded Ernst & Young’s Middle East & North Africa Tax Seminar 2011…
Israel mulls tax on luxury homes and cars
The Ministry of Finance is preparing an alternative to the wealth tax - a 2% surtax on incomes from labor…
Russia scraps tax for UAE wealth funds, firms
Investment organisations and sovereign wealth funds from the United Arab Emirates will be exempt from taxation in Russia under an…
Ernst and Young appoints two new partners in Oman
Ernst and Young have announced the appointment of two new Partners at the Muscat office. Ahmed Amor Al Esry is…
FATCA will affect almost all Financial Institutions
All banks and life insurance companies which have US source income or handle US source income on behalf of its…
Hunting down US tax evaders
The US government is more aggressively hunting down tax evaders, which may be making some Americans living in the UAE…
UAE, Switzerland sign pact to avoid double taxation
In line with the UAE’s efforts to enhance global financial relations, the Ministry of Finance (MoF) recently signed a double…
Impairment proposals to boost MENA banks: Survey
Banks in the Middle East and North Africa, or MENA, expect impairment accounting proposals to improve financial statements, according to…
Cramer-Salamian reinforces its Dubai team with appointment of new counsel
Cecilia Bicca Paetzelt holds a bachelor degree in Legal and Social Sciences and a post-graduate degree in Business Law,…
Tea Party economics could get the whole world in a stew
The organisers of the original Boston Tea Party objected to paying UK taxes. Their descendants object to paying taxes to…
Commitment, Continuity and Consistency
The Bahamas, while only 38-years-old as an independent country, is rich in history with the oldest democracy and one of…