World Tax Advisor, featuring special COVID-19 section
World Tax Advisor, featuring special COVID-19 section This edition of World Tax Advisor includes articles from various countries announcing…
Tax
1274 articles found
Israel's Hapoalim will pay $870 million to end U.S. tax probe
Israel’s biggest bank, Hapoalim, said on Wednesday it expects to pay $870 million to settle a U.S. tax evasion investigation.…
Saudi Arabia’s banking sector resilient despite economic headwinds: KPMG
KPMG released the first edition of its Kingdom of Saudi Arabia Banking Perspectives 2020 report, the first major publication to…
KPMG: Saudi Arabia's banking sector resilient despite economic headwinds
KPMG has released the first edition of its Kingdom of Saudi Arabia Banking Perspectives 2020 report, and based on the…
India tightens rules stating tax residency in a crack down on wealthy evaders
When India’s Finance Minister Nirmala Sitharaman unveiled the annual budget last month, confusion and panic broke out among the Indian…
Increase in stamp duty tax could impact Gulf investment in UK
While coronavirus is predicted to take centre stage at UK Chancellor Rishi Sunak’s maiden budget announcement later today, Gulf investors…
Ajman Bank appoints new chief of audit
Ajman Bank has announced the appointment of Mr. Majdi H. Darwish as its new Chief of Audit. Mr. Darwish has…
Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…
UAE rules out any VAT increase
The UAE ruled out any increase the value added tax (VAT to be accordance with recent IMF recommendations. “We…
DIFC Courts cases surge 45%; more than $844mln commercial claims
More and more businesses are resorting to the Dubai International Financial Centre Courts to settle conflicts, with the nearly 1,000…
First KPMG Insights Center inaugurated in Riyadh
KPMG officially opened its first Insights Center in the Middle East in its new head office in Riyadh. The…
Tax data sharing sparks arrests among Israelis with unreported foreign bank accounts
The exchange of information on millions of financial accounts shared between countries under the Common Reporting Standard is is leading…