Finance ministers call for creation of digital tax for tech companies
The Finance Ministers of the G20 member nations on Saturday called for the creation of a digital tax for multinational…
Tax
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VAT update: recovery procedure in the UAE and 2020 SAF-T confirmed in Norway
If you have questions or need more information on any of the below points, simply make an enquiry with us.…
Implementation of tax transparency initiative delivering concrete and impressive results
International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete…
The IMF and World Bank — wolves in sheep’s clothing
For years, the International Monetary Fund (IMF) has been pressing Gulf states to apply value-added tax (VAT) on consumer goods…
UAE's VAT collections exceeds expectations by a wide margin in 2018
UAE residents paid Dh27 billion in value-added tax (VAT) last year, surpassing the government's target of collecting of Dh12 billion,…
Kuwait – IMF and World Bank wolves in sheep's clothing over taxes
For years the International Monetary Fund (IMF) has been pressing Gulf States to apply Value Added Tax (VAT) on consumer…
Israel Tax Authority handed details on Cayman Islands accounts
Tax Authority chief Eran Yaacov says he has information on thousands of accounts, some of them with unreported capital. …
Lebanon lifts banking secrecy in 30 cases
Lebanon’s anti-money laundering watchdog lifted banking secrecy in 30 cases last year out of 489 cases it investigated. The…
Andersen Global Expands in the Middle East
Al Alawi has finalized a collaboration agreement with Andersen Global. The addition of Al Alawi and Co. brings 37 years…
Sovos acquires Foriba
Global tax software provider Sovos is to acquire Istanbul-based Foriba, a specialist in e-invoicing, e-delivery notes, e-receipts and periodic value-added…
Andersen Global Signs First Agreement in Bahrain
Andersen Global has announced its first collaboration agreement in Bahrain with independent consulting firm Awael Al Bahrain Management Consultancy (Awael).…
Deloitte: Construction Hitches in the GCC Lead to Calls for Positive Change
Construction plays an important role in GCC countries’ long-term economic development plans and national visions, driving the involvement of the…