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…
Tax
1278 articles found
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…
Financial Secrecy Index 2020 reports progress on global transparency – but backsliding from US, Cayman and UK prompts call for sanctions
US overtakes Switzerland in global ranking of financial secrecy hotbeds, Cayman leaps over both to top of the index …
Dubai launching crypto valley in tax-free zone
Dubai is planning to establish a cryptocurrency valley with special terms in the country's free zone where there is no…
KPMG in Bahrain to host a business seminar
Audit, Tax and Advisory firm, KPMG in Bahrain, is hosting a seminar to discuss the Operational Risk Management Module published…
SA expat confusion over tax status as amendments loom
As South Africans working outside the country prepare themselves for the new amendments to the Income Tax Act, set to…
Oman: Measures to encourage foreign investment
The authorities have started evaluating foreign investments for approval in setting up 100% foreign owned companies in Oman under the…
Tax exemptions granted for UAE sovereign infrastructure investments in India
The UAE and New Delhi have reached an agreement that will lead to tax exemptions for the UAE's sovereign investments…
Dubai Islamic Bank Pakistan posts after tax profit of Rs 3.3 billion
Dubai Islamic Bank Pakistan Limited continued excellent performance and its growth trajectory in 2019. The Bank posted profit before…
French experts expected in Seychelles to examine tax haven blacklist issue, president says
Two French experts are expected to travel to Seychelles to see what authorities are doing following France's decision to put…