Saudi shares end lower on additional tax proposal
Saudi Arabian shares fell on Sunday as weakness in banks more than offset a rise in petrochemicals after Brent crude…
Tax
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Saudi January inflation jumps to 3.0 percent on VAT, gasoline price hike
The figures suggested the new tax and more expensive fuel, part of a government drive to cut a big budget…
Jump in Islamic tax liabilities worries Saudi banks
A jump in retroactive Islamic tax liabilities faced by Saudi Arabian banks is creating concern about damage to their earnings…
Andersen Tax & Legal Launches in Egypt
The Andersen name launches in Egypt this week as Maher Milad Iskander and Co., an Egyptian tax and legal firm…
Switzerland and Saudi Arabia sign double-taxation agreement
Switzerland’s Finance Minister Ueli Maurer has signed an agreement with his Saudi Arabian counterpart on double taxation between the two…
India, Iran Sign Agreement For Avoidance Of Double Taxation On Rouhani's Visit
India and Iran signed in New Delhi an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal…
Israel, a Leading Tax Haven
Largely tax-free, they’re controlled by Wall Street and other powerful financial interests, part of a global tax injustice system, governments…
Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court
A judge in Dubai has green-lighted a trial that will determine whether a Deloitte member firm was negligent as auditor…
Insurance unit of Warren Buffett's Berkshire Hathaway opens Dubai office
An insurance subsidiary of Warren Buffett's Berkshire Hathaway said on Monday it had established an office in the Dubai International…
Dubai court can hear case against Deloitte unit after collapse of Hezbollah-linked bank
A Dubai court could hear evidence relating to the alleged role of auditor Deloitte & Touche in the collapse of…
Touting 'transformation', French PM seeks investment in Dubai
France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday,…
Al Tayer: UAE has no intention to raise tax rates
The UAE’s government has no intention of raising the current rate of Value-Added Tax or excise tax in the medium…