Banks in Lebanon warn of double taxation consequences
Bankers said Tuesday they would be obliged to raise interest rates on lending and reduce rates on customer deposits if…
Tax
1278 articles found
VAT to introduce transparency, industry leaders say
By the time you read this, Value Added Tax will have already come into effect in the UAE. The…
VAT to deliver greater fiscal boost to UAE compared to GCC peers — experts
The impact from the introduction of VAT will be different across GCC countries, but it will have the biggest boost…
Saudi officials detain 11 princes after they protested at a royal palace over austerity measures including being forced to pay their own utility bills
Saudi authorities have detained 11 princes after they protested at royal palace in Riyad against austerity measures including having to…
UAE financial services community targeted by fake DFSA scam
The United Arab Emirates financial services community has been targeted by fraudsters using a fake document from a Dubai regulatory…
Will Salaries In The U.A.E. Increase in 2018?
Employees across the U.A.E. might not see a substantial value addition in their paychecks this year even as the country…
Looking for the right vat accounting software
The buzzword in the UAE appears to be VAT-ready. But is your business ready for it? And what about the…
No VAT on ATM withdrawals in Saudi Arabia
No Value Added Tax will be charged on withdrawals from any ATMs, according to Secretary General of of the Committee…
S. Arabia, UAE levy VAT in first for Gulf
Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long…
Federal Financial System becomes VAT compliant
The Ministry of Finance (MoF) announced that the Federal Financial System has been updated and is ready to manage all…
Footballers ‘prefer’ Turkey due to low income tax rate
Turkey is one the most preferred countries among football players as the income tax rate in the country is lower…
Qatar banks to prepare for Basel IV requirements
Banks in Qatar need to prepare now for the introduction of revised standards recently released by the Basel Committee, said…