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United Arab Emirates News - Business, Taxation & Offshore




UAE Signs Double Taxation Agreement With Burundi

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, February 23, 2017

The UAE and Burundi have signed two agreements to avoid double taxation and promote investments between the countries.Read Full Story

 

Saudi Cabinet Approves GCC Selective Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, February 22, 2017

Saudi Arabia's Cabinet has approved the introduction of the "selective tax" that is being rolled out across the Gulf Cooperation Council member countries.Read Full Story

 

 

Hong Kong Ranked As Freest Economy For 22nd Year

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 17, 2017

For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation.Read Full Story

 

Qatar To Introduce GCC Sin Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, February 17, 2017

Qatar is planning to introduce a sin tax on luxury items and products that are "harmful to human health and the environment," in line with the unified agreement among Gulf Cooperation Council member states.Read Full Story

 

 

UAE Confirms Details For VAT From January 2018

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, February 13, 2017

The UAE has provided more details on plans to introduce VAT at a rate of five percent, along with the other Gulf Cooperation Council member states, on January 1, 2018.Read Full Story

 

Oman Confirms Participation In GCC VAT From 2018

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, November 15, 2016

Oman is the latest Gulf Cooperation Council territory to confirm its participation in the bloc's value-added tax project. Read Full Story