Tax

Regulation, Risk & Compliance

Dubai: Aadhaar card not mandatory for NRIs for financial, I-T transactions

June 19, 2017

To boost its drive against tax evasion and unaccounted transactions, the central government recently authorised the mandatory linking of Aadhaar…

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Comment & Analysis

UAE one of the easiest places in the world for accounting and tax compliance

June 19, 2017

Ranked 92nd out of 94 jurisdictions according to their financial complexity, the UAE is the least complex place globally for…

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Comment & Analysis

Global CEOs remain optimistic over the next 3 years and look to be the disruptor

June 16, 2017

KPMG International today released its 2017 Global CEO Outlook, based on in-depth interviews with nearly 1,300 CEOs of some of the…

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Regulation, Risk & Compliance

Turkey signs pact to prevent tax avoidance, evasion

June 8, 2017

By signing a new international pact, Turkey has taken a key step forward to prevent tax avoidance and evasion by…

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Regulation, Risk & Compliance

Turkey Unveils New Tax Amnesty Law

June 5, 2017

The Law on the Restructuring of Certain Receivables and Amendment of Certain Laws and Decree-Laws No. 7020 ("Amnesty Law") was…

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Regulation, Risk & Compliance

Saudi Arabia to become first GCC country to impose 'sin tax'

May 28, 2017

Saudi Arabia will become the first Gulf Cooperation Council (GCC) country to impose excise tax at 100 percent on tobacco…

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Regulation, Risk & Compliance

UAE sin tax spells trouble for Swiss cigar maker

May 22, 2017

Whilst the UAE is a promising market for cigar maker Oettinger Davidoff, it also faces strong headwinds that could seriously…

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Legal

United Arab Emirates – the latest "tax haven" to sign up to enhanced tax transparency

May 15, 2017

On the 21 April 2017, the United Arab Emirates (UAE) officially signed up to the Multinational Convention on Mutual Administrative…

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Regulation, Risk & Compliance

Lebanon confirms its commitment towards greater tax transparency

May 14, 2017

Today, at the OECD Headquarters in Paris, Lebanon represented by Mr. Ghady El Khoury, Chargé d’affaires of the Embassy of…

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Regulation, Risk & Compliance

New Deloitte report on banking regulations in UAE

May 10, 2017

Deloitte, a leading provides audit, tax, consulting, and financial advisory services, has launched its inaugural Regulatory Barometer that reveals the…

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Legal

Kuwait expands its capacity to fight international offshore tax avoidance and evasion

May 7, 2017

The OECD Headquarters in Paris, H. E. Sami Mohammad Alsulaiman, Ambassador of Kuwait to France, signed the Multilateral Convention on…

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Regulation, Risk & Compliance

Kuwait central bank opposes tax on expat remittance

May 2, 2017

Central Bank of Kuwait (CBK) Governor Dr Mohammad Al- Hashel said imposing taxes or fees on expatriates’ remittances is not…

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