KPMG Wins Best Advisory Firm
KPMG has won the Best Advisory Firm Award at this year's Banker Middle East Industry Awards 2012, held at the…
Tax
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KPMG International taps new CIO, global tax
KPMG International has announced that John Q. McGowan has been appointed to the new role of Chief Information Officer, Global…
India sets up Gulf unit to track NRI tax evaders
India’s efforts to track down tax evaders could soon see officials monitoring the funding flows of nationals living in Gulf…
New FATCA regulations are out, institutions must act fast
The latest Foreign Account Tax Compliance Act (FATCA) regulations have been issued, which will have major implications for non-US Financial…
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…
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…