Switzerland: A tax haven for the ultra-wealthy
Corporate tax rates in Switzerland are highly competitive, offering numerous advantages for multinational companies...
Tag : VAT
Indonesian parliament decides to increase VAT next year
The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut...
Bahrain mulling on increasing value-added tax to 10%
This move will help the government to boost revenues and curb deficits...
Oman implements 5% VAT
Oman becomes the fourth GCC country to introduce VAT...
Oman to introduce 5% VAT in early-2021 to generate additional revenue
The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members...
Accordance VAT appoints new managing director
Leading international VAT compliance and consultancy practice Accordance VAT announced the appointment of former Director of Sales and Marketing Lucy Franklin as managing director...
China announces tax cuts in move to support economy
The country’s cabinet announced new measures towards cost cutting for companies during an escalating trade dispute...
Why is a ‘Value Added Tax’ so important to the UAE?
Experts say, instituting a value added tax in the UAE will drive its revenue expanse in a few short years. Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...