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Taiwan's national tax authority has released guidance on VAT refunds for foreign exhibitors, following a number of questions received from overseas firms. Read Full Story
Saudi Arabia's Cabinet has approved the introduction of the "selective tax" that is being rolled out across the Gulf Cooperation Council member countries. Read Full Story
Qatar is planning to introduce a sin tax on luxury items and products that are "harmful to human health and the environment," in line with the unified agreement among Gulf Cooperation Council member states. Read Full Story
Bahrain has signed an agreement to implement the US Foreign Account Taxpayer Compliance Act with the United States. Read Full Story
Oman is the latest Gulf Cooperation Council territory to confirm its participation in the bloc's value-added tax project. Read Full Story
The latest edition of the World Bank's Doing Business report shows that there has been a steady improvement in regulatory efficiency around the world over the last ten years, including in the area of taxation. Read Full Story
The International Monetary Fund has welcomed the United Arab Emirates's plan to introduce a value-added tax and increase excise taxes. Read Full Story
Kuwait's KAMCO Investment Company announced on July 11, 2016, the opening of its first international office in the Dubai International Financial Centre. Read Full Story
Companies in the Gulf Cooperation Council should take action now to prepare for the implementation of value-added tax and excise tax legislation, according to PwC. Read Full Story
Bahrain and Switzerland have agreed to increase economic and trade relations and initialed a double tax agreement during an official working visit on May 12 by Bahrain's King, Hamad bin Isa Al Khalifa. Read Full Story
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