Jordan is to undertake individual income tax reform this year and continue to rationalize tax breaks from 2018-19, according a report from the International Monetary Fund.Read Full Story
Jordan said it will impose a fine of between JOD100 (USD141) and JOD500 for taxpayers who do not submit their 2016 tax returns by the April 30 deadline. Read Full Story
The European Union has welcomed the entry into force of the WTO Trade Facilitation Agreement, which aims to modernize and simplify customs and border procedures. Read Full Story
The UK Government has announced that foreign companies that own or wish to purchase property in the country will be required to publicly disclose who owns them. Read Full Story
The United Arab Emirates signed an agreement with the United Kingdom on the avoidance of double taxation on April 12, 2016.Read Full Story
The International Monetary Fund's Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center organized a regional workshop on "Fiscal Reporting and Transparency" in Kuwait City, Kuwait, from March 13–16, 2016.Read Full Story
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