International Finance

Tag : VAT


Saudi Arabia’s growth predicted despite slowdown in January

International Finance Desk
According to the Bloomberg Monthly GDP analysis, there is potential for growth in the non-oil sectors in 2018—better than levels seen in the last two years...
Economy Interviews Technology

VAT complexities in the Middle East tackled by Tally Solutions

International Finance Desk
VAT has arrived in the UAE and so has Tally Solutions’ Tally.ERP9 Release 6, which offers a seamless experience for businesses and consultants. Vikas Panchal, business head of Tally Solutions, Middle East explains Tally's latest offering...
Wealth Management

Tax compliance gets easier for companies

But post filing challenges still persists November 18, 2016: Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on businesses, says the latest edition of Paying Taxes 2017, a report by The World Bank Group and PwC. The report finds that the Total Tax Rate decreased by 0.1...

Saudi Arabia mulling over income tax on expats

However, economists do not think the plan will see the light of the day Suparna Goswami Bhattacharya July 15, 2016: With an eye on increasing its non-oil revenue, Saudi Arabia is considering a plan to tax millions of expats residing in the Kingdom. The proposal was included in the country’s National Transformation Plan (NTP), an...