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…
Tax
1278 articles found
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…
Situationer: Pakistanis quiver as UAE demands tax information
Last week account holders in a major UAE bank began receiving letters alerting them that soon they will be required…
Double taxation: Ecuador, Italy sign agreement to foster private investements
Ecuador signed an agreement with Italy to define the tax obligations of the citizens of the two countries, in order…
UAE among 30 countries to implement new tax-evasion policy
The United Arab Emirates will implement a new global transparency policy which will bring to an end baking secrecy in…
UAE Banks Notify Expats On Anti-Tax Evasion Policy
Expatriates in the UAE have been notified about the implementation of a new global transparency policy that seeks to fight…
Double Taxation Agreement Between Switzerland And Oman
The Double Taxation Agreement between Switzerland and Oman aiming to increase economic ties officially came into force last month, according…
7,000 Kuwaitis with $2.3bn in FATCA reveal
The USA Tax and Financial Consultants Office in the Middle East confirmed that Kuwait has revealed the accounts of about…
Accounting meets religion in challenge for Islamic banks
Reconciling accounting standards and religious principles is challenging Islamic banks and regulators as they adapt to new international book-keeping rules…