Global PwC study ranks Bahrain as the easiest country to pay tax
Bahrain has been deemed the easiest place on earth to pay taxes according to an assessment by the World Bank…
Tax
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KPMG in Qatar holds a session to update local finance professionals on IFRS
KPMG in Qatar conducted an informative session on recent updates to International Financial Reporting Standards. The session focused on…
Effective use of Automatic Exchange of information – a role for Tax Inspectors Without Borders
Today marks an important milestone for the Organisation for Economic Co-operation and Development and the United Nations Development Programme Tax…
Paying taxes in GCC easier than most countries
The Gulf Cooperation Council states offers more conducive environment to pay taxes as compared to most of the countries around…
International community has achieved unprecedented success fighting offshore tax evasion
On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes…
GCC states missing from annual Deloitte and KPMG tech lists
Despite concerted efforts toward establishing the region as a technological innovator, and in particular a global fintech hub, the Gulf…
Do You Have a Bank Account in Israel? The IRS May Be Targeting You!
The Jerusalem Post recently reported that "Israeli and foreign banks have sent threatening letters to new immigrants, foreign residents or…
Israel set to miss out on tax haven bonanza
Tax havens around the world are being forced to clamp down on companies registered in their territory that have no…
Employees' rights under new DIFC employment and insolvency laws
The Dubai International Financial Centre made significant changes to its insolvency and employment laws earlier this year. The way that…
Dawn of VAT litigation in UAE: Are you prepared?
Businesses in the UAE embarked on their VAT journey on January 1, 2018. In the past two years, the Federal…
UAE has 'no income tax plans' says senior government official
The UAE has no plans to introduce income tax and will not hike VAT in the next three years, a…
GCC countries likely to introduce direct and indirect tax in the near future
Tax experts in the region have confirmed that new taxes are expected to be applied on wealth and property, as…