Other Briefings
Corporate Tax in Kuwait: New 15% Tax Law to Impact 350 Foreign Firms
Kuwait’s new 15 percent corporate tax law is in effect from tax periods beginning on or after January 1, 2025. Read to understand how multinational entities operating in the country will be impacted.
Bahrain Publishes Supplementary Regulations for Domestic Minimum Top-Up Tax (DMTT)
Bahrain has officially released a Domestic Minimum Top-Up Tax (DMTT) regulation, complementing its primary DMTT law released in September 2024. With the registration deadline (January 30, 2025) looming, swift action is necessary to avoid penalties.
An Introduction to Doing Business in the UAE 2025 – New Publication Out Now
An Introduction to Doing Business in the UAE 2025 is your definitive resource for understanding and succeeding in one of the world’s most vibrant business environments.
Egypt’s Tax Reforms: Boosting Business Confidence and Export Growth
Egypt’s tax reforms and export incentives aim to boost business confidence, encourage the private sector, attract investments, achieve higher localization in industries, and drive overall economic growth.
UAE Announces Domestic Minimum Top-up Tax from January 1, 2025
The UAE Ministry of Finance has announced pivotal amendments to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, including the introduction of the domestic minimum top-up tax (DMTT) and proposed tax incentives to boost R&D and create high-value employment.
Kuwait Proposes 15% CIT in 2025 Amid Phased Tax Reform
The draft Business Profits Tax Law introduces major changes to the corporate income tax regime in Kuwait. MNCs should note compliance rules.
Israel’s Osek Za’ir: A Simplified Tax System for Small Businesses
The Osek Za’ir tax system promises to save time, reduce costs, and provide small business owners in Israel with much-needed financial relief.
Türkiye Revised VAT Rates: Impact on Healthcare and Telecom Sectors
Turkey recently revised VAT rates, reducing the tax on approved medical products and special-purpose foods to 10 percent, while telecom equipment faces a standard 20 percent VAT.
UAE Federal Tax Authority Releases Guide on Corporate Tax (CT) Return: Key Obligations
The UAE Federal Tax Authority (FTA) has published a guide on filing the corporate tax return, outlining procedural and reporting requirements.
UAE Tax Authority Announces Grace Period for Updating Tax Records: Key Details
The UAE Federal Tax Authority (FTA) has introduced a grace period from January 1, 2024, to March 31, 2025, allowing businesses to update their tax records without incurring administrative penalties.
