Tax Archives - Page 71 of 107 - Managers of Wealth Middle East

Amendment of the Income Tax Ordinance – Information Exchange Between Tax Authorities

February 28, 2017

An amendment to the Income Tax Ordinance that was recently enacted obligates financial institutions to identify the residency and citizenship…

Executive Moves

Grant Thornton International Appoints First Member of Board of Governors from MENA

February 28, 2017

The Global Competitiveness Index for 2016-2017 of the World Economic Forum (WEF) ranked the UAE at 16th position (out of…

Fraud & Ethics

HSBC discloses tax evasion probes in India, other countries

February 27, 2017

Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its…

Regulation, Risk & Compliance

Sweeping Law Changes Open Way For Foreign Investors

February 24, 2017

Bahrain is throwing open doors to business by easing rules for starting and running companies for foreign investors. The…

Comment & Analysis

Credit Suisse’s Israeli Desk in New Tax Evasion Probe

February 24, 2017

Swiss banking organization Credit Suisse is under investigation by the IRS for helping Americans living in Israel or with Israeli…

Regulation, Risk & Compliance

Inside Investment: UAE-UK tax rule frees up offshore pension transfers

February 24, 2017

Peter CooperUnder the new UAE-UK double taxation convention that came into force on January 1, if you are a UK…

Financial Results

Al Baraka Banking Group Achieve US$ 152 million Net Income Attributable to Equity Holders of the Parent in 2016

February 23, 2017

The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it achieved a noticeable increase in…

Regulation, Risk & Compliance

Dubai: A Place to do Business

February 16, 2017

In less than 40 years, Dubai has transformed itself from a local trading community into one of the most inspirational,…

Financial Results

Jordan Islamic Bank announces 2016 results

February 15, 2017

By the end of 2016, Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in…

Regulation, Risk & Compliance

GCC countries to implement VAT in January 2018

February 14, 2017

Along with the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain will adopt the new tax which will act as…

Regulation, Risk & Compliance

Six Gulf nations aiming for simultaneous VAT adoption in January: UAE official

February 13, 2017

Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…

Regulation, Risk & Compliance

UAE resident alert: 5% VAT is officially coming by Jan 1, 2018

February 12, 2017

Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…

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