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The private business setups in the Eurozone have shown a flourishing growth in the third quarter according to a poll by Reuters. The momentum is expected to be carried forward to the coming months. This dynamic has created a ripple effect of expectation; the European...

Sheikh Ahmed bin Saeed Al Maktoum, Second Deputy Chairman of the Executive Council and the Chairman of Economic Development Committee has remarked that the growth of Dubai has reached astounding heights irrespective of the downward trends of 2016 and is all set to gallop past...

Here are the following reforms of tax implemented in Africa. The tax in Africa has undergone drastic changes. It has  summarised as follows: Botswana: On 27th July of 2017, Botswana and France amended the protocol in regards to the Botswana / France income tax treaty of 1999...

The international monetary fund (IMF) has quoted that Saudi Arabia has begun to show “a considerable progress in reforming its economy as part of the IMF vision of 2030 program announced in the year of 2016. According to IMF, the fiscal consideration is “beginning to...

Hong Kong,  the top Asian city for the ultra wealthy. The poll is indicating the most number of ultra wealthy individuals with a (net worth of 30million or more) concentration in the world cities. Hong Kong has placed itself in the top spot before Tokyo....

Saudi Arabia’s Shura Council, which is al known as the National Consultative Assembly, approved the added value tax draft in the 45th ordinary session under the chairmanship of Vice-Speaker Dr. Mohammed bin Amin Al-Jeffry. This has been a major step towards the levy of sales tax...

The recent changes and amendments in the taxation area of African countries: Ghana: The Ghana parliament has abolished the customs duty on spare parts of two wheelers and has introduced an import levy of 0.2% on all imports coming on from countries who are not the members...