Qatar and Estonia sign agreement to avoid double taxation
Doha, Qatar--Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion.The agreement was signed by Minister of Finance Ali bin Ahmed Al Kuwari and Minister of Economy and Information Technology in Estonia Tiit Riisalo.Stressing the importance of the agreement, Al Kuwari said that it...
Ultra-processed foods linked to obesity, heart disease, cancer and early death
In recent years, dozens of studies have found that people who eat lots of UPFs have a higher risk of heart disease, cancer, asthma, depression and other illnesses. But these studies have almost entirely been observational, which means they cannot show that UPFs directly cause these health problems
UAE and OECD host regional forum on global minimum tax
Dubai, UAE – The United Arab Emirates and the Organization for Economic Co-operation and Development (OECD) on Wednesday hosted regional forum on global minimum tax as a part of the UAE's commitment to international standards around taxation. “The UAE adopts financial and tax policies, legislation and systems that serve its...UAE sets more norms for ‘Qualifying Investment Funds’
The new set of conditions brought in by the finance ministry look to shore up the integrity of the corporate tax system in order to boost the UAE's appeal as an investment haven.
UAE and Russia hold talks to eliminate double taxation
Dubai, UAE--The UAE and Russia have held the second round of negotiations on the double taxation agreement on income and capital. The talks follow the ministry’s efforts to further strengthen cooperation frameworks for tax matters, provide full protection to taxpayers from double taxation and avoid the obstruction of the free...
UAE, Tanzania sign pact to avoid double taxation
UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.
Inequality widens in Britain as financial sector salaries increase
Salaries in Britain's financial sector have surged in recent months, widening inequality amid the nation's cost-of-living crisis, a study showed Wednesday. Average monthly pay in the industry jumped 31 percent in February from December 2019, propelled by high-earners, the Institute for Fiscal studies (IFS) said in a report. The performance,...Jordan revenues from income, sales tax hit $7.35bn in 2021
While sales tax collection rose 14 percent, income tax collection rose 7 percent from 2020 to 2021.
Elon Musk to sell 10% of Tesla stock after Twitter poll
Musk owned about 17 percent of Tesla's outstanding shares as of June 30, currently worth $208.37 billion. His wealth swelled with the recent surge in Tesla's stock price. By selling 10 percent of his shares, he could theoretically earn just under $21 billion. His wealth swelled with the recent surge...
What did the G20 summit agree?
Meeting in person for the first time in two years, G20 leaders had climate change, the Covid pandemic, a tax deal and global economy worries on agenda.
Taxation and confiscation to rein in crypto market
Last few years have seen a lot of tension between governments and central banks around the world, on the one hand, and investors in digital currencies, on the other, as the conflict escalated after cryptocurrencies hit record highs, especially with the rise of the Bitcoin.
UAE, Austria sign deal to spare tax payers of double taxation
The agreement was previously signed between the two countries in September 2003 Both parties aim to avoid double taxation without creating opportunities for non-compliance with the tax system In order to remove all the impediments on the path of trade and investment between the two countries, the United Arab...
