Dubai News
Tax-Privileged Free Trade Zones The OECD's Next Target
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 19, 2018
In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Read Full Story
HMRC Details 2017 Prosecutions For Tax Crimes
by Jason Gorringe, Tax-News.com, London
Wednesday, January 3, 2018
HM Revenue and Customs, the UK's tax authority, has revealed details of its enforcement activities during 2017, including a round-up of the "top ten" cases it pursued. Read Full Story
Landmark UK Tax Court Win For British Expats
by Jason Gorringe, Tax-News.com, London
Tuesday, November 7, 2017
The UK's High Court of Justice has ruled in favor of the taxpayer in a landmark case concerning limits to HM Revenue and Customs's powers to investigate the affairs of UK expats and non-resident persons who have permanently cut ties with the UK. Read Full Story
UAE's New Tax Agency Agrees VAT, Excise Rules
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, September 7, 2017
The Board of Directors of the UAE Federal Tax Authority has approved various procedures relating to the forthcoming introduction of excise and value-added taxes in the UAE. Read Full Story
Greek Shipping Firms Unhappy With Tax Regime
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, September 6, 2017
Tax regime instability has been cited by Greek shipping companies as a reason why they would consider switching to an alternative jurisdiction, according to a report by EY. Read Full Story
IMF Welcomes MENA Tax Reform Progress
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, October 31, 2016
The International Monetary Fund has released a new report for countries in the Middle East and North Africa, noting that low growth rates and oil prices should encourage these territories to continue efforts to broaden their tax bases, including by introducing value-added taxes. Read Full Story
Jebel Ali Free Zone Launches New Business Center
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, September 8, 2016
Jebel Ali Free Zone, a free trade zone in the United Arab Emirates, announced that it has launched a new office block. Read Full Story
Dubai, Abu Dhabi Tax-Free Zones In Regulatory Pact
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, August 26, 2016
The regulators of the Dubai International Financial Center and the Abu Dhabi Global Market have agreed to support each other on enforcing international financial market regulations. Read Full Story
Dubai Airport Freezone Seeks Stronger Ties With China
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, July 14, 2016
The Dubai Airport Freezone Authority recently received a Chinese delegation headed by Zhang Qingwei, Governor of Hebei Province, to explore new investment prospects to deepen economic cooperation between the UAE and China. Read Full Story
DIFC Endorses Framework For Electronic Contracts
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, July 13, 2016
The Dubai International Financial Centre Authority has released a proposed new Electronic Transactions Law, DIFC Law No. 2 of 2016, for public consultation. Read Full Story
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