Turkey raises forex sales tax in another support for lira
Turkey has raised a tax on some foreign exchange sales to 0.1 from zero, the country’s latest effort to discourage…
Tax
1278 articles found
CBK sends cautionary note to some auditors
The Central Bank of Kuwait has sent a cautionary note to some auditors, stressing that they should adhere to the…
Kuwait, Iraq Sign Deal to Avoid Double Taxation
The Kuwaiti and Iraqi ministries of finance signed an agreement for avoiding double taxation and preventing financial evasion for income…
Kuwait axes expat 5% tax remittance bill
Kuwait is set to scrap a draft law to impose 5% tax on expats for remittances sent to their home…
Hardly Anyone Is Too Poor to Share
"The world does not lack the resources to abolish poverty, it lacks the right priorities. " So said Juan Somavía,…
The benefits of opening an offshore company in the UAE for your business
The UAE is a rapidly developing state with one of the highest standards of living in the world. Emirates…
Consumer loss barometer highlights disconnect in the event of a data breach: KPMG
The continuous evolution of digital transformation is outstripping the pace of cyber security in organizations. As a result, we…
Expats warned about breaching tax allowance
UK expats living in the Gulf are being urged to check if they are breaching the pensions lifetime allowance limit.…
Double taxation agreement between the UAE and Saudi Arabia comes into effect
It provides a more flexible investment climate that underscores the country's position as a key investment destination More than 32…
Andersen Global Enters Qatar
Andersen Global has announced a collaborating agreement in Qatar with Al-Khalifa Law, a leading Doha-based law firm. The collaboration is…
Saudi Arabia's New Rules Set to Raise Islamic Tax for Some Banks
Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying…
Law tackling gray economy by limiting cash deals lurches real estate market
Moves to reduce Israel’s shadow economy and curb tax evasion appear to have already impacted residential real estate transactions, with…