KPMG in Qatar hosts annual IFRS Update Workshop 2024
KPMG in Qatar successfully hosted its Annual IFRS Update Workshop 2024 yesterday, reaffirming its commitment to supporting the country’s finance…
Tax
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Qatar Central Bank issues digital banks regulatory framework
In line with the Third Financial Sector Strategy, the Fintech Strategy, and the Qatar Central Bank’s ongoing endeavor to regulate…
CIB becomes first bank to undergo electronic inspection under Egypt’s new tax system
Sherif Al-Kilani, Deputy Minister of Finance for Tax Policies, highlighted the Minister of Finance’s commitment to maintaining open communication with…
QC calls for study on Carbon Tax Implications for GCC Economies
Chairman of Qatar Chamber Sheikh Khalifa bin Jassim Al Thani, emphasised the importance of the consultative meeting among Their Excellencies…
Federal Tax Authority organises 40 events in six months to raise awareness about Corporate Tax compliance
The first half of 2024 saw the number of awareness sessions increase by 135% from the same period last year.…
Saudi Arabia announces updated investment law in latest reforms to business environment
Building on previously announced reforms under Vision 2030 and the National Investment Strategy, the Council of Ministers has approved an…
KPMG Saudi Levant and KPMG Lower Gulf vote to integrate
Partners at KPMG Saudi Levant and KPMG Lower Gulf have voted overwhelmingly in favor of a proposed integration of their…
Dubai introduces new law on the taxation of foreign banks
A new piece of legislation (Law No. (1) of 2024 on Taxation of Foreign Banks Operating in the Emirate of…
Alvarez & Marsal Tax boosts investment in technology, compliance & indirect tax expertise across EMEA with two senior hires
Alvarez & Marsal Tax LLP (A&M Tax), an affiliate of global professional services firm Alvarez & Marsal (A&M), has appointed…
New technologies an opportunity and risk for internal audit
The world of internal audit is being disrupted by developments in technology, with robotic process automation (RPA) and artificial intelligence…
Kuwait enacts law to enhance tax transparency
The Council of Ministers has issued Decree-Law No. 6 of 2024 concerning the exchange of information for tax purposes, which…
UAE Corporate Tax: Many businesses keep missing key registration deadlines
Even with the UAE tax regulator issuing advance notices, many businesses are failing to meet tax registration deadlines and putting…