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15/10/2018

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10/10/2018

BAHRAIN’S PARLIAMENT GIVES FINAL APPROVAL TO VAT LAW: BNA AGENCY
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International to Organize Accounts. الدولية لتنظيم الحسابات

Bahrain's upper house gave final approval to a draft law on Monday that will see value-added tax (VAT) imposed for the first time By Aziz El Yaakoubi, Reuters News DUBAI: Bahrain's upper house gave final approval to a draft law on Monday that will see value-added tax (VAT) imposed for the first time...

10/10/2018

UNIONS ACCUSE CHEVRON OF “MASSIVE” TAX AVOIDANCE VIA THE NETHERLANDS
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International to Organize Accounts. الدولية لتنظيم الحسابات

Chevron did not respond to repeated requests for comment by email and phone By Anthony Deutsch, Reuters News AMSTERDAM - International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. of funnelling billions of euros through letter box companies in the Net...

09/10/2018

UAE ECONOMIC GROWTH IN TOP GEAR
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International to Organize Accounts. الدولية لتنظيم الحسابات

Country set to post highest growth in oil exporting countries in Mena. The UAE economy will see consecutive higher growth for the next two years and the highest in developed oil exporting Mena region in 2020 on the back of rising oil prices, infrastructure spending, stimulus package, friendly reform...

09/10/2018

FTA CLARIFIES VAT ON HEALTHCARE OF EMPLOYEES’ FAMILIES
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International to Organize Accounts. الدولية لتنظيم الحسابات

There is no legal obligation in Dubai on the employer to provide health insurance to the family of an employee By Waheed Abbas, Khaleej Times The Federal Tax Authority issued a clarification on insurance that states that an employer would only be able to claim the input VAT on the health insurance p...

08/10/2018

BAHRAIN’S PARLIAMENT APPROVES DRAFT VAT LAW: BNA AGENCY
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International to Organize Accounts. الدولية لتنظيم الحسابات

The move came a few days after Bahrain's wealthier neighbours Saudi Arabia, the United Arab Emirates and Kuwait offered a $10 billion aid package By Maher Chmaytelli, Reuters News DUBAI: Bahraini legislators approved a draft law on Sunday that would see value-added tax (VAT) imposed for the first ti...

04/10/2018

CHINA WIDENS INCOME TAX EXEMPTION FOR FOREIGN INVESTORS
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International to Organize Accounts. الدولية لتنظيم الحسابات

The tax exemption expansion is retroactive from Jan. 1 this year By Kevin Yao, Reuters News BEIJING - China has widened income tax exemption on re-invested profits for foreign firms, the finance ministry said on Sunday, to try to boost foreign investment amid trade tensions. The ministry said last D...