Jordan Islamic Bank announces 2016 results
By the end of 2016, Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in…
Tax
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GCC countries to implement VAT in January 2018
Along with the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain will adopt the new tax which will act as…
Six Gulf nations aiming for simultaneous VAT adoption in January: UAE official
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…
UAE resident alert: 5% VAT is officially coming by Jan 1, 2018
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…
Deutsche Bank's Israel CEO detained over alleged tax fraud
Boaz Schwartz, Deutsche Bank’s chief executive officer in Israel, was detained over alleged value-added-tax violations involving the company’s clients, the…
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…
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…