Tax webinar recordings
ME Dbriefs archive
VAT in Oman: The next stages in compliance, will you be ready?
The Value Added Tax (VAT) regime commenced on 16 April 2021 where a 5% VAT will be applied to the sale and purchase of most goods and services in the Sultanate of Oman. This represents a major transformation for both the Government and consumers, however, as businesses have the responsibility of ‘collecting the tax’ the greatest challenge is on them to get it right.
To assist you with VAT compliance, Deloitte held a 60-minute virtual VAT webinar on Monday, 24 May 2021. The aim of the session was to equip businesses with the needed information on how to ensure compliance under the VAT Law.
Upcoming economic substance filing obligations in the UAE
The United Arab Emirates (UAE) Economic Substance Regulations (ESR) are applicable retrospectively from 1 January 2019 and the first compliance cycle has now passed. Potential ESR implications for FY20 and FY21 are currently being determined. Businesses can leverage the lessons learnt from the past year to improve their approach going forward.
In the light of the above, Deloitte held a 60-minute webinar aimed at guiding businesses through the upcoming FY20 ESR filing obligations.
Recent Customs and Global Trade developments in Qatar
On 5 January 2021, the six Gulf Cooperation Council (GCC) member states (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)) signed a “solidarity and stability” agreement during a summit meeting in the Saudi city of al-Ula. The announcement of the agreement was accompanied by statements from Bahrain, Saudi Arabia, and the UAE, together with Egypt, that they would immediately restore full diplomatic relations with Qatar.
Deloitte and the Dubai Multi Commodoties Centre (DMCC) webinar on navigating the UAE's trade landscape
Deloitte was delighted to join the Dubai Multi Commodities Centre (DMCC) during a recent webinar to discuss the current Trade landscape in the United Arab Emirates’s (UAE) and provide guidance on Customs risks and opportunities, as well as compliance obligations businesses should be aware of when operating in a Free Zone.
Transfer Pricing developments in Qatar
Deliotte hosted a 60-minute webinar surrounding the rapilidy evolving Transfer Pricing landscape in Qatar. During the session, we informed businesses of the need to know changes they should be aware of and the actions required to accommodate these developments.
Deloitte virtual Qatar tax conference summary
For the past years, Deloitte has organized its annual tax conference in Doha, Qatar to update clients on local tax updates. In light of the global circumstances, our 2021 tax conference was held virtually on Wednesday, 10 February 2021.
EU Anti-Tax avoidance directives (ATAD) impacting MENA businesses
Deloitte hosted a 60-minute webinar pertaining to the introduction of the Europe (EU) Anti-Tax avoidance directives (ATAD II) applicable as of 1 January, 2020.
Our tax specialists based across the Middle East and Europe provided their insight on the latest updates on the ATAD II directives and how it may impact cross border transactions with the EU.
Indirect Tax implications of COVID-19 in the GCC
In moments of uncertainty and concern, it is not only about what leaders of organizations do but equally how they do it that matters. COVID-19 has taken the world by surprise, causing a great deal of uncertainty.
Our recent webinar aims to provide guidance on the Indirect Tax implications of COVID-19 in the Gulf Cooperation Council (GCC).
Qatar issues new Executive Regulations to the Income Tax law
Deloitte hosted a 60-minute webinar on January 6, 2020 on all related updates for the new Executive Regulations to the income tax law in the State of Qatar.
The session was led by Deloitte Tax specialists in Qatar who provided insight on the needed guidance on the new Executive Regulations surrounding the income tax law.
Economic Substance in the UAE
Deloitte hosted a 60-minute webinar surrounding all related updates pertaining to ES in the UAE.
Businesses in the UAE will be required to start reporting on 31 March 2020. In this session, we focused on practical complexities we encountered when advising on the Economic Substance Rules (ESR). These complexities relate to the relevant activity classification, meeting the economic substance tests and the reporting practicalities.
Insight on the introduction of the new Economic Substance Rules in the UAE
The United Arab Emirates (UAE) Cabinet issued the Economic Substance Regulations requiring all UAE onshore and free zone companies that conduct “Relevant Activities” to have demonstrable economic substance in the UAE with effect from 30 April 2019.
UAE based companies will be required to report financial data on their Relevant Activities on an annual basis to the regulatory authority. Non-compliance with the rules will result in penalties.
The double taxation treaty between UAE and KSA
A Double Taxation Treaty (DTT) between the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) was signed, making it the first DTT between two Gulf Corporation Council (GCC) countries. KSA has recently ratified the DTT by publishing in its official Gazette the approval decision along with the treaty text.
Deloitte has therefore hosted a 60-minute webinar today on the DTT. If you missed the session, you can still access the full recording and the presentation slides.
Recent Transfer Pricing developments in the GCC and Egypt
The last year has seen significant changes in the local tax landscape, including new Transfer Pricing (TP) regulations in the Kingdom of Saudi Arabia (KSA), the release of updated TP requirements in Egypt, the introduction of country-by-country reporting (CbCR) rules in the United Arab Emirates (UAE) and the introduction of Economic Substance rules in both the UAE and Bahrain.
Update on the implementation of VAT in the UAE, KSA and Bahrain
Changes in regulation and tax reform continue to be on the increase in the Middle East, and this includes the implementation of a Value Added Tax (VAT) regime that commenced in the Kingdom of Saudi Arabia (KSA), the United Arab Emirates (UAE) and Bahrain with 5% VAT applying on the sale and purchase of most goods and services.
KSA issues final transfer pricing bylaws
On Tuesday, 26 February 2019, Deloitte hosted a 90-minute webinar session on the recently issued transfer pricing bylaws in Saudi Arabia. If you missed the session, you can still access the full recording and the presentation slides.
During this session, Shiv Mahalingham, Deloitte’s Regional Transfer Pricing Leader, discussed the key elements of the final Saudi Arabia transfer pricing bylaws and discussed their impact on Saudi Arabian-based, regional and global multinationals.