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    FTA sees strong results from its digital VAT refund systems

    FTA sees strong results from its digital VAT refund systems

    20 Jul 2025

    The Federal Tax Authority (FTA) continues to see strong results from its digital VAT refund systems for eligible categories, maintaining high levels of accuracy and operational efficiency throughout 2025....

    UAE to tax sweetened beverages through its sugar content per 100ml in health push

    UAE to tax sweetened beverages through its sugar content per 100ml in health push

    18 Jul 2025

    The UAE Ministry of Finance and the Federal Tax Authority (FTA) have announced an amendment to the excise tax mechanism applied to sugar sweetened beverages (SSB’s), introducing a tiered...

    Oman to impose 5% tax on individuals with annual income of OR42,000, a first in Gulf region

    Oman to impose 5% tax on individuals with annual income of OR42,000, a first in Gulf region

    22 Jun 2025

    Sultan Haitham Bin Tariq of Oman has issued a decree on Sunday mandating the introduction of income tax, with the intention of implementing this on an individual income basis...

    Germany plans to tax Google, Facebook

    Germany plans to tax Google, Facebook

    31 May 2025

    Germany’s Culture Ministry is planning to bring a law to tax the American online giants like Alphabet of Google and Meta of Facebook. The rate of taxation is to...

    Taxes on super rich and technology giants come to a halt under Trump

    Taxes on super rich and technology giants come to a halt under Trump

    20 Apr 2025

    Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under President Donald Trump. The billionaire real estate tycoon has pulled the...

    India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'

    India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'

    23 Mar 2025

     India's government has told a court in Mumbai that agreeing to Volkswagen's demand to quash a $1.4 billion tax bill would have 'catastrophic consequences' and encourage companies to withhold...

    Google pays 326 million euros to settle Italy tax dispute

    Google pays 326 million euros to settle Italy tax dispute

    20 Feb 2025

    Italian authorities announced that Google has paid €326 million (US$339.4 million) to settle a dispute over unpaid taxes, Italian authorities confirmed on Wednesday. Prosecutors in Milan launched an investigation...

    Sharjah issues law on natural resources companies’ tax

    Sharjah issues law on natural resources companies’ tax

    14 Feb 2025

    His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued a law on corporate tax for both extractive and non-extractive natural...

    Federal Tax Authority, ADGM to strengthen strategic partnership

    Federal Tax Authority, ADGM to strengthen strategic partnership

    17 Jan 2025

    The Federal Tax Authority (FTA) and) ADGM Academy have strengthened their strategic partnership to share expertise, stay at the forefront of developments in areas of mutual interest, and deliver...

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    28 Dec 2024

    Japanese Prime Minister Shigeru Ishiba’s cabinet on Friday approved a record $730 billion budget for the next fiscal year, while limiting new bond issuance to the lowest in 17...

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