UK/UAE treaty allows expats to cash out pensions tax free
A new UAE-UK double tax treaty, which came into force on 1 January, means that British expats over 55 residing…
Tax
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KPMG ranked 8th most attractive employer in ME
KPMG has been ranked as the 8th most attractive employer for business students in the Middle East, based on a…
DFSA Hosts Annual Audit Outreach
The Dubai Financial Services Authority hosted its annual outreach event for Registered Auditors last week, during which it shared the…
UAE’s banks need to focus on getting the balance right: KPMG
The UAE banking sector is facing challenging market conditions in terms of shrinking margins, rising costs, capital adequacy and liquidity…
As Dubai prepares to change tax laws, Indians scramble to hide undeclared wealth
Many Indians are making a last-ditch attempt to hide their undeclared wealth stashed abroad, with Dubai — often the last…
California Businessman Sentenced to Prison for Concealing Over $23.5 Million in Israeli Bank Accounts
A Los Angeles, California businessman was sentenced to 24 months in prison today for hiding more than $23.5 million in…
Hiding wealth in Dubai is going to get tough with stricter rules
If you are looking to make a last-ditch attempt to hide your illegal wealth in Dubai, think again because UAE…
Three emerging trends in finance across EMEA
It has now become a norm for industry leaders to drive predictions on future market outlook. With some major…
Rise of the robot: how smart assistants will help with reforms
The next couple of years will see the introduction of key financial reforms: the adoption of international financial reporting standards…
American Tax Bureau opens office in Bahrain
The sweeping changes instigated by the US in 2010, American Tax Bureau has opened a new office in Bahrain, located…
New UK property taxes threaten to take a toll on investors in the UAE
Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket. From April 6,…
27 Britons and five others in Dubai ‘laundered more than Dh20m’
An international group of more than 30 business consultants and investors, and 18 companies, have been charged with laundering more…