Other Briefings
UAE VAT Credits Expiring in 2026: What Finance Teams Need to Know
The 2026 UAE VAT amendments introduce a five-year limit on recovering excess input VAT, meaning businesses must review and claim historical VAT credits before they expire.
Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers
Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.
Comparing Tax Environments: Dubai, Hong Kong, and Singapore
While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.
Qatar Implements Global and Domestic Minimum Tax: Pillar Two Scope and Next Steps
Law No. 22 of 2024 amends Qatar’s Income Tax Law to implement the Qatar Domestic Minimum Top-up Tax (DMTT) under OECD Pillar Two, introducing the Income Inclusion Rule and a Domestic Minimum Top-up Tax effective for fiscal years beginning on or after January 1, 2025.
Strengthening Tax Transparency: UAE Exchange of Information Framework
The UAE has introduced Cabinet Resolution No. 209 of 2025 to strengthen its Exchange of Information framework, aligning domestic law with international tax transparency standards and expanding record-keeping and disclosure obligations.
Oman Unveils VAT Refund Scheme for Tourists: Expected Impact on Retail and Tourism
Oman announced a new VAT refund scheme for tourists aiming to strengthen its retail and tourism competitiveness by aligning with regional (GCC) and global best practices.
Tax Treatment of Vacation Rentals in Egypt: What Property Owners and Foreign Investors Need to Know
Vacation rentals in Egypt are taxable when they generate recurring income, and owners must comply with income tax, VAT (in some cases), and property tax rules based on how the property is actually used. Maintaining proper records, understanding licensing and rental regulations, and using professional property management or accounting support can help owners reduce tax risks and manage their investment effectively.
Saudi Arabia Cuts Banking and Payment Fees Under New Guide
Saudi Arabia New Fees Guide introduces lower and capped charges across banking and payment services, strengthening consumer protection, financial inclusion, and digital adoption under Vision 2030.
UAE Introduces Penalties for Non-Compliance with New E-Invoicing Regime
The UAE has introduced a formal penalty framework for non-compliance with its upcoming mandatory e-invoicing system, marking a significant milestone in the country’s transition toward fully digital tax administration. The move is expected to enhance transactional transparency, strengthen real-time compliance monitoring, and improve the overall efficiency and effectiveness of VAT enforcement.
Qatar Strengthens Tax Transparency with Launch of Tabadol Country-by-Country Reporting Portal
Qatar launches the Tabadol portal for country-by-country tax reporting, requiring Qatar-headquartered MNEs notification by December 31, 2025.
