UAE regrets inclusion in EU tax blacklist
The United Arab Emirates has slammed a European Union decision to add it to a tax haven blacklist despite the…
Tax
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Israeli bank to pay $195M for US tax-avoidance scheme
One of Israel's largest banks has agreed to pay $195 million for helping U.S. citizens avoid paying taxes by stashing…
EU to add Bermuda, Aruba to tax haven list, Italy against EAU listing
European Union finance ministers are set to add the British overseas territory of Bermuda and the Dutch Caribbean island of…
Saudi Arabia said to mull raising tax on local banks
Local lenders started paying Zakat at 10 percent of profit after deducting returns on government bonds from last year as…
40% UK Inheritance Tax: What Omani Investor must know
Properties in the UK, particularly London, have always been popular with investors from the Gulf including Oman. Foreign investors…
Israeli court backs taxman on yachts
Owners of yachts imported to Israel must pay the wealth tax initiated by MK Yair Lapid (Yesh Atid), the Central…
How to Register Offshore Company in United Arab Emirates
Opening a company on the other side of the world is no longer a dream, but a reality touched by…
Your taxes OECD proposals for a digitized economy
On February 13, the OECD issued far-reaching proposals for addressing the challenges of digitizing the economy and invited comments from…
How do entrepreneurs’ outlooks differ globally.
Our 2018 survey of entrepreneurs was extended to include responses received by colleagues in firms from our global network, Nexia…
Has VAT been a taxing experience?
The introduction of VAT is just one of the many fiscal strategies that will enable the UAE to achieve its…
The UAE’s gratuity system is in line for a shake up
Employers must consider new ways of paying end of service benefits to help fund the retirement gap between the gratuity…
The New Anti-Money Laundering Law
All that you should know about the New Anti-Money Laundering Law As part of the requirement of the Financial…