Tax Tax incentives for Morocco stadium construction bids Morocco is offering tax incentives of up to 30 percent, as it looks to attract private sector partners for large scale projects such as the infrastructure needed ahead of its co-hosting of the World Cup in 2030. “Morocco offers incentives that can reach up to 30 percent of the total investment amount,” Karim Zidane, Morocco’s […] May 5, 2025
Real Estate Tax changes penalise Saudis who hoard vacant land Amendments to land taxes in Saudi Arabia will make it more expensive for property owners to hold on to undeveloped land for long periods of time, or to buy and sell land quickly, tax experts have said. Changes to the White Land Tax Law in the kingdom, which were ratified on Tuesday, aim to encourage […] May 2, 2025
Tax UAE waives late registration fines for corporate tax filers The UAE has waived late registration fines for corporate taxpayers and certain exempt persons who failed to register with the Federal Tax Authority (FTA) within the deadline. The cabinet decision announced by the ministry of finance and the FTA, aims to bolster “voluntary tax compliance environment” and ease “financial burdens on businesses”, the UAE state-run […] May 1, 2025
Tax Saudi Arabia to expand VAT base as oil prices fall Saudi Arabia has introduced new regulations allowing visitors to the country to claim back value added tax (VAT) to facilitate the tourism industry, but it plans to widen the tax base to include online transactions. The world’s second largest oil producer is facing a steep decline in international oil prices on which the government relies […] April 22, 2025
Tax Trump tariffs threaten $22bn in Arab exports says UN Bahrain and Jordan are the countries likely to be most affected by tariffs planned by President Donald Trump on non-oil exports by the Arab world to the US worth nearly $22 billion, a United Nations body has warned. Despite a sharp fall in the region’s sales of oil to the US over the past decade, […] April 21, 2025
Opinion Tax To get tech giants to pay their fair share, the taxman needs AI too It's not easy for governments to track the activities of digital businesses. AI-powered tools can help April 9, 2025