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…
Tax
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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…
Another amnesty scheme on the cards
The government is considering offering another amnesty scheme to the people who have stashed their money abroad in offshore companies…
KPMG reports 10.7pc growth in region
KPMG in the Middle East and South Asia region has reported a 10.7 per cent growth in aggregated revenues of…
Saudi Arabia to hold off on plans to tax expat remittances for now
Saudi Arabia will resist plans to introduce a tax on expat remittances for now, according to Mohammed Al-Tuwaijri, secretary general…
Hong Kong’s rich have ways to get around property tax
Hong Kong: Here’s how billionaire Edwin Leong, one of Hong Kong’s largest retail landlords got around Hong Kong’s new property…
Saudi Arabia:Changes made to taxation of listed companies
Saudi Arabia’s General Authority of Zakat and Tax issued a circular on 4 December 2016 that introduces a new approach…