Egypt to cut taxes in bid to woo firms
Analysts welcomed Egypt’s decision to lower its top tax rate for individuals and companies, but said uncertainty loomed over the…
Tax
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Israeli Bank Leumi Execs Warned Over US Money Laundering – Report
Israeli Supervisor of Banks has sent warning letters to three former top executives at Bank Leumi former chairman Eitan Raff,…
The future of Audit is set to transform in the UAE
Grant Thornton, a leading international assurance and advisory firm and the Association of Chartered Certified Accountants (ACCA), the leading global…
UAE Government draws up sales and corporation tax plans
The UAE Government has drawn up plans to introduce both a federal sales tax – or value-added tax (VAT) –…
Double taxation pact reflects growing importance of Oman: Swiss envoy
H E Christian Winter, Switzerland's Ambassador to Oman has said that the recently signed Double Taxation Agreement (DTA) between his…
Tax Authority plans up to 10 years prison for tax dodgers
A new amendment to Israel's economic arrangements bill classifies all tax evasion as money laundering. Despite opposition in recent…
The future is transparent
It is widely recognized that offshore banking secrecy is fast becoming a thing of the past. The signing of…
Turkey, US agree to cooperate against tax evasion
Turkey's Finance Minister Mehmet Şimşek has said the US and Turkish governments will sign an agreement that allows the two…
Fatca Guidance Notes now available online
The UAE’s Ministry of Finance (MoF) announced that the Foreign Account Tax Compliance Act (Fatca) Guidance Notes along with a…
The essential guide to workplace benefits in the Middle East
The Middle East has been one of the booming expat economies for more than a decade. Owain Thomas explores the…
Two executives at Qatar-backed Uber arrested in France
French police have detained two executives from Uber for questioning as a government clampdown intensifies on the US-based taxi and…
Abu Dhabi financial zone to offer zero-tax environment for 50 years
Abu Dhabi Global Market, a financial free zone, has issued draft financial services rules, which includes the financial services and…