New body speeds up processing of Saudi judicial liquidation
Local and international licensed companies in chartered accounting, legal services, judicial custody, treasury and other areas are to benefit from…
Tax
1273 articles found
Saudi Arabia: 15% VAT hike comes into effect
Saudi Arabia’s decision to raise the value-added tax rate to 15 per cent was enforced on Wednesday on all goods…
GTA launches new tax portal; companies required to register on ‘Dhareeba’
The General Tax Authority has launched the first phase of the new online tax paying system called, “Dhareeba”. All…
TheCase: Calculating the new VAT in Saudi Arabia
Activation of the new VAT — with value-added tax on goods and services to increase from 5 percent to 15…
Deloitte: 82% of Surveyed Banking Customers in the Middle East Willing to Start Using Fintech Solutions
Deloitte has just released its inaugural edition of the Middle East FinTech study to shed light on one of the…
Defining the paramater of ‘economic substance’ in UAE's new law
The UAE has been a tax haven - but since it was included in the “grey list” by OECD in…
Egypt- IDB pre-tax profit increases %3.1 to EGP 391m in 2019
The Industrial Development Bank reported pre-tax profit of about EGP 391m at the end of December 2019, compared to about…
IMA Releases New Reports on the Role of CFO in Sustainability
IMA has released two new interrelated reports : A C-suite report, "Finance Function Partnering for the Integration of Sustainability in Business"…
SFAI expands into Bahrain, Jordan, Kuwait and Yemen
International accounting and consulting network Santa Fe Associates (SFAI) has in the past months expanded its footprint in the Middle…
Updated transfer pricing guidelines in Saudi Arabia
Saudi Arabia’s General Authority of Zakat and Tax on June 1 issued updated transfer pricing guidelines, providing clarification in several…
Jordan expands powers of anti-corruption agency
Jordan's government unveiled strengthened legal measures on Sunday to fight corruption and announced an expansion of efforts to collect taxes…
Saudi Arabia triples taxes, cuts $26B in costs amid pandemic
Saudi Arabia announced Monday it was tripling taxes on basic goods, raising them to 15%, and cutting spending on major…