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The Belgian government has enacted several new tax measures that are relevant for companies operating in Belgium and, on 2 March, the Minister of Finance published a proposal for the first phase of a broader tax reform.
A Kuwaiti Ministerial Resolution that applies as from 1 April 2023 introduces an obligation for entities to identify individuals who are their ultimate beneficial owners (UBOs or BOs), maintain a register of UBOs/BOs and provide the information to the Kuwaiti authorities.
With the ever-increasing dependence on technology and increased complexity in global supply chains, cyber threats are becoming more sophisticated, frequent and impactful. As cybersecurity incidents have increased sharply across the globe – now more than ever - companies and governments are...
Global Automotive M&A transaction deal flow Q1-2023.
A law published in Qatar’s official gazette on 2 February 2023 amends certain provisions in the 2018 Income Tax Law. Most significantly, the amendments re-affirm Qatar’s commitment to introducing a minimum tax under the OECD BEPS 2.0 project.
The UAE Ministry of Finance published two decisions on 28 April, one on audited financial statements and the other on permanent establishments (PEs) and the other on audited financial statements.
The UAE Ministry of Finance (MOF) recently issued several ministerial decisions on various aspects of the new Corporate Tax Law (CTL) that will become effective on 1 June (for prior coverage, see the article in the February 2022 issue of Corporate Tax News)