Middle East News

China Pledges Tax Support For 'Belt And Road Territories'

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

Tuesday, May 22, 2018

The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions. Read Full Story

Technology Cutting Tax Compliance Burden: Paying Taxes 2018

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

Tuesday, November 28, 2017

The use of technology by business and government in tax compliance is driving continued simplification and reduction in the burden of tax compliance on businesses, says Paying Taxes 2018, a report by The World Bank Group and PwC. Read Full Story

Turkey Tops New Tax Complexity Index

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, July 27, 2017

Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Read Full Story

Jordan To Impose Late Filing Penalty

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, April 10, 2017

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

MENA Airlines Concerned About Rising Tax Burden

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 1, 2016

Aviation industry players in the Middle East and North Africa region are concerned about rising taxes and charges, says the International Air Transport Association. 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

OECD Calls For Broader Tax Bases In MENA Territories

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, October 12, 2016

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust. and create jobs for the region's young population, the OECD told ministers from the region. 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

GCC Agrees Framework For Excise Duties, VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, June 22, 2016

Companies in the Gulf Cooperation Council should take action now to prepare for the implementation of value-added tax and excise tax legislation, according to PwC. Read Full Story

Westinghouse Welcomes Sweden's Decision to Axe Nuclear Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 20, 2016

Westinghouse Electric Company has endorsed Sweden's decision to remove the "discriminatory" tax on nuclear power generation as part of the country's new long-term energy policy. Read Full Story

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