Khalid Ali Al Bustani addresses tax agents in a meeting in Dubai.
The Board of Directors of the Federal Tax Authority (FTA) held its ninth meeting with FTA Chairman Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, at the Ministry of Finance’s headquarters in Dubai, in the chair.
The Federal Tax Authority, FTA, has called on tax agents to comply with the five ‘Professional Standards for Tax Agents’, published in a new guide on the subject, in all of their transactions to ensure uninterrupted activity.
A new shipment of cigarette packets marked with the Digital Tax Stamps approved by the Federal Tax Authority (FTA) has made it to Dubai. The Stamps will be electronically tracked to ensure Excise Tax due on tobacco products has been settled. In a press statement issued on Saturday,
Ratings agencies Fitch and Standard & Poor’s (S&P) downgraded Argentina’s sovereign debt rating, flagging higher chances of a default in the wake of a shock primary election result that plunged the country into its latest economic crisis.
Turkish industrial production fell for the tenth consecutive month in June, data showed, offering few signs of a pick-up in economic growth as domestic demand remains weak after last year’s currency crisis.
Brazil’s decision to sell dollars on the spot market for the first time in a decade is a sign the central bank (CB) is finally willing to reduce its $385 billion pile of foreign exchange (forex) reserves, analysts said.
A flurry of interest rate cuts by the US Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of the financial crisis in 2009, analysts at Fitch Ratings said in a report.