Monday 25 September 2017
 
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Saudi tax board approves VAT regulations

The General Authority of Zakat and Tax (GAZT) in Saudi Arabia said its board of directors has approved the VAT Implementing Regulations ahead of its introduction in the kingdom starting from January 1. The GAZT meeting, chaired by

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Saudi tax board approves VAT regulations

The General Authority of Zakat and Tax (GAZT) in Saudi Arabia said its board of directors has approved the VAT Implementing Regulations ahead of its introduction in the kingdom starting from January 1. The GAZT meeting, chaired by

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UAE President issues excise tax law

UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree-law on excise tax, which will be imposed on selected products, as determined by the Council of Ministers. As per the new law, excise tax rat

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Online registration for VAT in UAE from mid-September

An integrated online registration system for tax purposes will be open for businesses effective mid-September 2017, according to the UAE Federal Tax Authority (FTA). The announcement was made at a media briefing by the FTA to high

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Online registration for VAT in UAE from mid-September

An integrated online registration system for tax purposes will be open for businesses effective mid-September 2017, according to the UAE Federal Tax Authority (FTA). The announcement was made at a media briefing by the FTA to high

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New tax 'to hit Bahrain property prices'

A new tax imposed by Bahrain on infrastructure development could cost commercial developers hundreds of thousands of dinars extra for large projects, said a report citing an MP. The tax was introduced earlier this month and impose

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Saudi Arabia seeks feedback on VAT Implementing Regulations

Saudi Arabia's General Authority of Zakat and Tax (GAZT) has launched a public consultation on the  draft Implementing Regulations for the proposed value-added tax (VAT) in the kingdom. The public consultation is to invit

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Tax overhaul 'reshaping India logistics sector'

The shift to a unified national tax has set off a wave of change in India’s notoriously inefficient logistics sector as companies alter the way they store, move and account for goods, according to the Agility Mid-Year Emerging Markets Revi

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GCC businesses not yet ready for VAT, says survey

With less than six months to go before the GCC implements value added tax (VAT), a new survey from ACCA (the Association of Chartered Certified Accountants) and Thomson Reuters has found that there is a significant lack of preparation and awar

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Majority of GCC businesses 'well-informed on VAT'

Nearly 60 per cent of GCC businesses feel very well informed about the introduction of Value Added Tax (VAT) in January 2018, according to a Deloitte survey. Deloitte has been conducting regular pulse surveys about how businesses

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