UAE to begin VAT refund scheme for tourists from November
The UAE will begin implementing a new VAT refund system for millions of tourists from November, according to local media…
Tax
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Central Bank rejects Egyptian Tax Authority proposal for disclosure of accounts
The governor of the Central Bank of Egypt said on Sunday that the bank would not, under any circumstances, accept…
New Head of Business Finance and Analysis at First Abu Dhabi Bank
A relationship with the Chartered Institute of Management Accounting (CIMA) spanning over 10 years has opened doors for Oliver Seldon,…
KPMG in Qatar brings in Swiss native to head up its tax division
KPMG in Qatar has appointed ex-EY international tax veteran Barbara Henzen as its new head of Tax and Corporate Services,…
New Crack Down On Offshore Tax Dodgers Ready For Action
Governments around the world are about to switch on a huge data exchange network aimed at catching offshore tax dodgers.…
The Compliance Complexity Index 2018 – TMF
Meeting the global challenge of evolving corporate compliance Compliance is becoming more important as a variable that senior decision-makers…
UAE adopt AAOIFI standards
Accounting and Auditing Organisation for Islamic Financial Institutions, the standard-setting body for the Islamic financial industry welcomes the Central Bank…
Changes to the taxation of UK property for Middle Eastern investors
The UK Government on 6 July published its draft Finance Bill provisions confirming that a significant change to the property…
King ratifies Bahrain-Egypt tax accord
His Majesty King Hamad yesterday issued a law ratifying an agreement between Bahrain and Egypt on avoiding double tax and…
KPMG was a key witness as investment firm Abraaj unraveled
The unraveling of Abraaj Group, a once-high flying champion of emerging markets investing, is drawing attention to the role played…
Kuwait’s cabinet resists pressure to tax expats’ remittances
The Kuwaiti government has rejected parliamentary demands to impose fees on expatriates’ remittances arguing that the move would harm the…
Landmark tax agreement to strengthen tax treaties enters into force with additional countries joining
Ministers and senior officials from Kazakhstan, Peru and the United Arab Emirates have signed the BEPS Multilateral Convention bringing the…