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.…
Tax
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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…
VAT to generate Dh20 billion in second year for UAE, Minister of Economy says
The UAE, which plans to introduce value added tax next year alongside the other five GCC countries, could generate up…
Exclusive: Oman in talks with Gulf states to obtain multi-billion dollar deposit – sources
Oman is negotiating with wealthy Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would…
The Dh84m traditional London home with an oligarch’s upgrade
London has earned a reputation as a magnet for billionaires from around the globe in recent years – from Russian…
AUB holds seminar on property investment tax in UK
In line with its commitment to provide excellent private banking services, Ahli United Bank has recently held a seminar joining…
KPMG reports 10.7 per cent growth in the Middle East and South Asia
This has been an encouraging year for KPMG in the MESA region and in the UAE and Oman in particular. …
Israel and UK see eye to eye on tax transparency
HM Revenue & Customs officials visited Israel with automatic exchange of information about to begin. Senior officials from HM…
Economic changes that will affect your wallet in 2017
The tax year which starts on Sunday brings an array of changes created by the previous year’s legislation, the 2017-18…