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Middle East News




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

 


Bank Of Palestine Opens Office In DIFC

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, May 18, 2016

Bank of Palestine, the territory's largest financial institution, has set up its first international representative office worldwide in the Dubai International Financial Centre tax-free zone. Read Full Story

 


Jafza Reports On The Free Zone's Growth

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, April 15, 2016

The number of companies registered in Dubai's Jebel Ali Free Zone increased eight percent per year between 2011 and 2015, according to a recent statement from Jafza. Read Full Story

 

 

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