Jordan Islamic Bank posts profits before tax of $118.1 million for 2016
Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in an amount of US$ 118.1…
Tax
1273 articles found
GCC VAT a test for Islamic Finance
The plan to introduce Value Added Tax in Gulf Cooperation Council member states could be a key test for the…
Jordan's Arab Bank group says 2016 net profit rose 20 percent
Jordan's largest lender, Arab Bank Group, said on Saturday its 2016 net profit rose 20 percent to $533 million, saying…
US and Israel falls hard on tax evaders
As part of its over expanding crackdown on people-both Israelis holding green cards and US citizens- the all powerful Israel…
Vizor Software's Solution for FATCA & AEOI Selected by Government of Kuwait
Today, Vizor Ltd. announced the Kuwaiti Ministry of Finance went live with the Vizor for FATCA & AEOI Solution for…
US, Bahrain sign Model 1 FATCA IGA
The US Treasury Department today updated its FATCA website, reporting that Bahrain and the US signed a Model 1 intergovernmental…
Andersen Global Initiates Expansion in Israel
Mark Vorsatz, CEO of Andersen Tax, commented, “Ilan and his team are an excellent complement for Andersen Global, especially given…
FATCA and Common Reporting Standard in Kuwait
The Financial Account Tax Compliance Act, spearheaded by the United States Internal Revenue Services has been in play since 2014.…
FATCA Working Both Ways, US Accounts Belonging to Israelis Reviewed
The Foreign Account Tax Compliance Act, a 2010 United States federal law requiring all non-US financial institutions to turn over…
Kuwait, India amend double taxation agreement
The Kuwaiti Ministry of Finance on Sunday signed a protocol with India amending the agreement between the two countries to…
GCC businesses need to get ready for VAT: Deloitte
With the implementation of Value Added Tax throughout the GCC starting January 1, 2018, it is time for the companies…
Sultan Al Mansouri, the UAE Minister of Economy, and his views on VAT, infrastructure spending and the investment law
The growth outlook for the UAE economy remains positive, thanks mainly to its all-encompassing economic diversification policy and national sustainability…