saudi arabia

Latest Saudi Arabia Tax and VAT updates; No VAT and Tax to pay

No income tax for Saudi citizens, says finance minister Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from ... Read More

RSM announces 13 partner promotions

RSM International, branded RSM, a multi-national network of accounting firms, has issued an announcement to inform that it is promoting 13 new partners across the UK firm. There will ... Read More

EY shuts Inverness audit and accounting office

Eight employees at the Inverness office have been redeployed within EY, while numbers of others have secured opportunities outside of the firm. The tax team is unaffected by the ... Read More

Gaming Firms Flee Poland’s Gambling Tax

UK-based bookmaker William Hill has become the latest company in the gambling sector to withdraw from the Polish market ahead of the introduction of a new regulatory and tax ... Read More

US grassroots coalition calls for end to FATCA

A coalition of 23 US taxpayer protection and grassroots organisations is campaigning for the repeal of the Foreign Account Tax Compliance Act (FATCA), labelling the regulations ‘unacceptable and un-American’ ... Read More

PwC’s Takeover of ‘The World’s Best Tax Law Firm’

In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ ... Read More

Tax Coalition formed to help developed effective tax policies for the virtual currency markets

The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop ... Read More
Arthur Andersen

Firms vie over rights to Arthur Andersen name

A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another ... Read More
financial services tax

Unusual: The goverment of this country complains that it is collecting too much tax

Sweden’s government has an unusual complaint — it is collecting too much tax. Negative rates of interest have made a number of the world’s highest taxes lots much less ... Read More

Uber just lost a crucial court ruling – which might push up the price of a fare

So it turns out an Uber is actually a taxi – at least for tax purposes. That’s the upshot of a Federal Court judgment handed down on Friday. Uber had ... Read More
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