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ZATCA publishes the english version of the tax amnesty guideline
KSA
ZATCA publishes the english version of the tax amnesty guideline
Posted on 27 June 2022
The KSA Zakat, Tax, and Customs Authority (ZATCA) has published the English version of its guideline on the amnesty for tax penalties announced earlier this mon..
Customs duty rates have recently increased across the kingdom
KSA
Customs duty rates have recently increased across the kingdom
Posted on 27 June 2022
The Kingdom of Saudi Arabias (KSA) Minister of Finance has issued the Ministerial Decree No. 59334 dated 10/11/1443 AH (corresponding to 9 June 2022), increasin..
Excise tax public clarification on lost or deficient goods report published by FTA
UAE
Excise tax public clarification on lost or deficient goods report published by FTA
Posted on 27 June 2022
The United Arab Emirates (UAE) Federal Tax Authority (FTA) has published an Excise Tax Public Clarification (EXTP007) on Excise goods that are deficient or miss..
FTA publishes VAT public clarification on gold-making charges
UAE
FTA publishes VAT public clarification on gold-making charges
Posted on 27 June 2022
The UAEs Federal Tax Authority (FTA) has published a Value Added Tax (VAT) Public Clarification (VATP029) on the consideration received by gold jewelers for mak..
EOCN held a workshop on counter-proliferation investigative methods in partnership with the US embassy
UAE
EOCN held a workshop on counter-proliferation investigative methods in partnership with the US embassy
Posted on 27 June 2022
The Executive Office for Control and Non-Proliferation (EOCN) held a workshop on counter-proliferation investigative methods, prepared in partnership with the U..
Ajman free zone witnesses a 33% rise in corporate tax firms
UAE
Ajman free zone witnesses a 33% rise in corporate tax firms
Posted on 27 June 2022
The growth symbolizes the increasing confidence of the business community in the free zone in a post-pandemic future. Given the UAE governments decision to i..
Introduction Of Corporate Tax By UAE
UAE
Introduction Of Corporate Tax By UAE
Posted on 06 May 2022
On 31 January 2022, the Ministry of Finance announced that the United Arab Emirates (UAE) will introduce a federal Corporate Tax on Business profits effective f..
Oman Is On The Cusp Of Taking The Historical Decision To Introduce Personal Income Tax
Oman Is On The Cusp Of Taking The Historical Decision To Introduce Personal Income Tax
Posted on 28 April 2022
With the world waking up to the damage done to the global economy by tax havens, there is mounting pressure on the gulf nations to change and rationalize their ..
In a cabinet meeting chaired by Sheikh Mohammed, plans to link payment systems across GCC announced
GCC
In a cabinet meeting chaired by Sheikh Mohammed, plans to link payment systems across GCC announced
Posted on 16 April 2022
On Monday 11 April 2022, in an important cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the..
Extensive technical guidelines for a global minimum tax of 15%
Extensive technical guidelines for a global minimum tax of 15%
Posted on 23 March 2022
The OECD/G20 Inclusive Framework on BEPS announced new technical guidelines today on the 15% global minimum tax, which was agreed in October 2021 as astrategy t..

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