Other Briefings
Qatar Introduces Trusted Entity Regime Allowing Immediate Tax Treaty Benefits
Qatar has introduced a Trusted Entity regime, allowing approved taxpayers to apply reduced withholding tax rates or exemptions under double taxation treaties directly at source. The reform replaces the previous refund-based system, reducing administrative burdens and improving cash flow for companies making cross-border payments.
UAE Launches Up to 50% R&D Tax Credit for Businesses
The UAE has officially launched Phase 1 of its Research and Development (R&D) Tax Incentives Program, introducing a non-refundable corporate tax credit of up to 50 percent on qualifying R&D expenditure capped at AED 5 million per tax period.
Bahrain Is Set to Introduce Corporate Income Tax: What Businesses Need to Now
Bahrain is planning the introduction of Corporate Income Tax, marking a structural shift from a tax-free to a taxable business environment, expanding obligations beyond large multinationals to the wider corporate sector.
Oman E-Invoicing and Qatar’s CbCR Tabadol Portal: The GCC’s Digital Tax Infrastructure Push
Oman and Qatar are advancing the GCC’s shift toward digital tax administration through new compliance platforms. Oman’s upcoming Fawtara e-invoicing system will introduce structured digital invoicing and real-time transaction monitoring, while Qatar’s Tabadol portal strengthens tax transparency by enabling multinational companies to submit Country-by-Country Reports in line with OECD BEPS standards.
UAE VAT Credits Expiring in 2026: What Finance Teams Need to Know
The 2026 UAE VAT amendments introduce a five-year limit on recovering excess input VAT, meaning businesses must review and claim historical VAT credits before they expire.
Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers
Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.
Comparing Tax Environments: Dubai, Hong Kong, and Singapore
While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.
Qatar Implements Global and Domestic Minimum Tax: Pillar Two Scope and Next Steps
Law No. 22 of 2024 amends Qatar’s Income Tax Law to implement the Qatar Domestic Minimum Top-up Tax (DMTT) under OECD Pillar Two, introducing the Income Inclusion Rule and a Domestic Minimum Top-up Tax effective for fiscal years beginning on or after January 1, 2025.
Strengthening Tax Transparency: UAE Exchange of Information Framework
The UAE has introduced Cabinet Resolution No. 209 of 2025 to strengthen its Exchange of Information framework, aligning domestic law with international tax transparency standards and expanding record-keeping and disclosure obligations.
Oman Unveils VAT Refund Scheme for Tourists: Expected Impact on Retail and Tourism
Oman announced a new VAT refund scheme for tourists aiming to strengthen its retail and tourism competitiveness by aligning with regional (GCC) and global best practices.
