Switzerland and the UAE removed from EU tax haven lists
In December 2017, finance ministers in the EU set up lists of tax havens that didn’t comply with its standards.…
Tax
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Andersen Global Continues to Expand Throughout Middle East
Andersen Global continues to strengthen its presence in the Middle East with the announcement that Jordan-based Zalloum & Laswi has…
Corporate tax rate cut will boost investment
To prevent the economy from further decline, a stimulus in the form of a corporate tax cut for domestic companies…
Dubai Regulators Flagged Standard Chartered
A regulatory review from Dubai found that Standard Chartered’s private banking arm was overseeing accounts that significantly lacked «know-your-client» data…
Grant Thornton celebrates launch of a new member firm in Lebanon
Lebanon is home to the new Grant Thornton regional hub providing a commitment to build trustworthy relationships and support growth…
Kuwait’s Largest Law Firm Signs Collaboration Agreement with Andersen Global
Andersen Global has announced that it has signed a collaboration agreement with Kuwait’s largest law firm, Al Khebra. The addition…
Federal Tax Authority Reaffirms: ‘Refunding Tax for Eligible Applicants a Direct Transaction Between Registrants and the FTA’
The Federal Tax Authority reaffirmed that refunding taxes for legally eligible applicants is a direct transaction between the registered business…
Saudi Arabia should consider raising VAT to 10%: IMF
Saudi Arabia should consider raising a value added tax (VAT) to 10% from the current 5%, the International Monetary Fund…
Financial guarantee of KD 40,000 for domestic recruitment bureaus
The official spokesperson and Director of Public Relations at the Public Authority for Manpower Aseel Al-Mizyad affirmed that a letter…
ICAEW adds 4 members to Mideast panel of experts
ICAEW - the Institute of Chartered Accountants in England & Wales - has recently welcomed four leaders of the UAE’s…
CBK honors MoF regulations in bid to combat tax evasion.
The Central Bank of Kuwait had set a deadline of Thursday for local banks to send information about Kuwaitis and…
The Advantages of The Taxation Regimes in The Middle East
The Middle East, which until recently was sought mostly by investors in the oil and gas field, has become a…