Egypt to lose $320 million as higher incomes in Egypt will qualify for tax exemptions
The recent amendment in the income tax law to raise the upper limit for the tax exemption income bracket is…
Tax
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Hamed al-saadi appointed chief financial & tax officer of the QFC
The Qatar Financial Centre has announced the appointment of Mr Hamed Al-Saadi in the position of Chief Financial & Tax…
Introduction of VAT and Corporation Tax in UAE unlikely to deter foreign investors
The Links Group says the introduction of a value added tax (VAT) and corporation tax is unlikely to deter foreign…
Tax Free Profits to Non-Domiciled Investors to Boost Cyprus' Investment Appeal
Henley & Partners, the global leaders in residence and citizenship planning for wealthy individuals and families, announced that Cyprus' Citizenship-by-Investment…
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…
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…