KPMG: Consistent Growth to Continue for Saudi Arabia Banks
Audit, tax and advisory services provider KPMG says capital demand is expected to fuel a strong interim performance of Saudi…
Tax
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Oman: No VAT increase, no income tax in 2023
The government is neither planning to slap income tax in 2023 on high salaried individuals nor it will raise the…
UAE Corporate Tax: Multinationals' being pegged at 9% for now will be a win-win
The UAE’s decision to peg the corporate tax rate on multinationals based in the country at 9 per cent for…
UAE: Will residents have to pay 9% corporate tax on their salary from next year?
The UAE will introduce corporate tax at nine per cent from June 1, 2023, setting a threshold of Dh375,000 profit…
UAE announces VAT changes in gold, diamond sector
The Ministry of Finance has announced the amendment of the VAT treatment on workmanship services when supplying gold and diamonds…
Alvarez & Marsal releases Q3 2022 Saudi Arabia Banking Pulse
Aggregate net profit increased 9.3 percent quarter-on-quarter (QoQ) Loans and advances (L&A) growth continued to outpace deposits’ growth Leading global…
Federal Tax Authority holds awareness seminar about the EmaraTax platform on World Future Day
The new and improved integrated digital tax service platform EmaraTax, set to be launched by the Federal Tax Authority (FTA)…
Saudi SMEs need to transform into resilient, tech-savvy operations to go global: KPMG
Industrial small and medium enterprises in Saudi Arabia will have to transform into resilient and technologically savvy operations in order…
What Indians living in UAE need to know about income tax returns
If you are an Indian living in the UAE, and have a PAN card you may be wondering whether you…
Dubai Chamber of Commerce introduces business community to UAE corporate tax system
Workshop examined the requirements and processes related to the new corporate tax system Dubai Chamber of Commerce recently hosted a…
Oman sticks to target of implementing income tax by 2024
Oman will stick to its income tax implementation target of 2024, SICO Research said in a report, citing Minister of…
Alvarez & Marsal launches new offices in Abu Dhabi and Riyadh
Global management consultancy Alvarez & Marsal has simultaneously launched two new offices in the Middle East, adding Riyadh and Abu…