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Clarification on Income Tax by Saudi Arabia
KSA
Clarification on Income Tax by Saudi Arabia
Ali on 25 July 2020
In an interview with Bloomberg, Mohammed Al Jadaan, the Finance Minister of Saudi Arabia had said that the Kingdom did not rule out the possibility of Income Ta..
Second version of Guidelines on Tax Ruling Request by GAZT
KSA
Second version of Guidelines on Tax Ruling Request by GAZT
Mehreen on 16 July 2020
The General Authority for Tax and Zakat (GAZT), KSAs tax authority has issuedGuidelines on Tax Ruling Request.These were a second edition to the guidelines and ..
Amendment in UAE's CbC Reporting requirements
UAE
Amendment in UAE's CbC Reporting requirements
Tanvi on 14 July 2020
The UAE Cabinet decision no. (40M/4W) of 2020 has replaced the previous decision on Country by Country (CbC) reporting no. 32 of 2019. The CbC reporting is a pa..
Ratification of MLI: Oman One step closer to preventing BEPS
Oman
Ratification of MLI: Oman One step closer to preventing BEPS
Ali on 13 July 2020
7thof July, 2020 marked the day an Instrument of Ratification to the MLI was submitted by Oman with the OECD. Oman became the 92ndjurisdiction to sign the Mu..
Contract Information Form: A new e-service by GAZT
KSA
Contract Information Form: A new e-service by GAZT
Prerna Saraogi on 08 July 2020
General Authority for Zakat and Tax (GAZT) updated its website this week with a new form for registering contracts. As per the guidelines issued along with the ..
UAE introduces smart Tax Domicile Certificate service
UAE
UAE introduces smart Tax Domicile Certificate service
Mohamed on 07 July 2020
The Ministry of Finance at the United Arab Emirates (UAE) has commenced a smart service platformavailable through its website (mof.gov.ae) or mobile application..
Saudi Arabians breathe relief on three services as government shares load for VAT
KSA
Saudi Arabians breathe relief on three services as government shares load for VAT
Tanvi on 06 July 2020
The General Authority for Zakat and Tax (GAZT) in Saudi Arabia has stated the governments intention to pay on behalf of its citizens Value Added Tax (VAT) dues ..
Saudi Arabia favourable amendment in Income tax law for Oil and Hydrocarbon sector
KSA
Saudi Arabia favourable amendment in Income tax law for Oil and Hydrocarbon sector
Sheeba Khan on 06 July 2020
In the recent notification issued by the authority, an amendment has been made to Paragraph a of Article 2 of the Saudi Income Tax Law. This exempts listed comp..
Dhareeba: All in one platform for Tax Filing and returns, set in motion
Qatar
Dhareeba: All in one platform for Tax Filing and returns, set in motion
Sheeba Khan on 04 July 2020
QatarsGeneral Tax Authority (GTA) has announced the first phase of the new online tax payment system, calledDhareeba.All companies are required to register on t..
 Oman and Sweet Tax!
Oman
Oman and Sweet Tax!
Tanvi on 04 July 2020
The Oman tax authority has announced that the Sultanate will impose 50% tax on sweetened beverages in October of this year. Sultan Al-Habsi, Chairman of the Tax..

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