We are excited to introduce the newest edition of Lexis Middle East Gulf Tax. Our complimentary magazine provides valuable insights into the latest tax and financial developments throughout the region.

This issue covers a spectrum of critical topics reshaping the taxation landscape in the GCC region. It delves into the substantial impact of the OECD’s Subject to Tax Rules (STTR) on Gulf countries and examines the recent alterations in Saudi Arabia’s Real Estate Transaction Tax (RETT). The issue spotlights the new VAT reporting and documentary requirements affecting B2B local supplies of electronic devices in the UAE as of October 30, 2023.

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FEATURE: CREATING A STTR

Anand Krishnan from KPMG Qatar delves into the implications of the OECD’s Subject to Tax Rules (STTR) within the GCC states. Exploring the impact of these rules on taxpayers in Gulf countries, this feature sheds light on how these regulations align with Pillar Two’s minimum income tax levels for multinational companies.

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FEATURE: SHIFTING SANDS OF RETT

Deloitte Middle East experts, Michael Camburn, Manish Bansal, and Maliha Asghar, dissect the recent changes in Saudi Arabia’s Real Estate Transaction Tax (RETT). They discuss regulatory amendments, providing insights into key developments and potential future changes in this domain.

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TAX NEWS ROUND-UP

Stay informed about the latest updates in tax treaties and regulations throughout the region.

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WHAT’S CHANGED?

Focusing on the new VAT reporting and documentary requirements for B2B local supplies of electronic devices in the UAE effective from October 30, 2023.

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PRACTICAL FOCUS: RELATED PARTIES AND CONNECTED PERSONS

Patryk Karczewski, Partner at Amereller offers practical insights into related parties and connected persons concerning taxation.

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TAX PROFESSIONAL PROFILE:

Featuring John O’Leary, Group Head of Tax at Ghobash Group, discussing tax challenges within a diversified business strategy.

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ANY QUESTIONS?

Mahmoud Abuwasel from Wasel & Wasel provides an analysis of the UAE Federal Supreme Court’s perspective on related company tax liabilities.

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Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Have you read the Lexis® Middle East Gulf Tax – Spring and Summer 2023 editions? Click the links below to access them.

Lexis Middle East Gulf Tax | Autumn 2023

Introducing the October 2023 edition of Lexis Middle East – HR Alert!

Delve into our complimentary publication, Lexis Middle East – HR Alert, designed to provide you with a comprehensive source of insights and updates to keep you well-informed about the latest developments in the Labor and Employment landscape of the MENA region. We have meticulously curated the most recent HR updates and developments to ensure you remain empowered. This publication highlights significant cases and offers valuable insights into HR policies and laws within the region.

Within this edition, you will discover exclusive interviews with prominent HR professionals and expert advice on emerging industry trends. Stay up-to-date and enhance your HR knowledge with the latest release of Lexis Middle East – HR Alert.

This edition features a diverse range of content, including:

Feature: The New Order

Gain valuable insights into the evolving Omani Labour Law regime and its impact on the region. New legislation in Oman, explained by Thomas Wigley and Elisha Wilson of Trowers & Hamlins, is set to influence various aspects, from employment contracts and pensions to policies and termination.

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Trend Setter – AI and Workforce Decisions

Embark on a journey into the realm of Artificial Intelligence (AI) and its role in shaping workforce decisions. Delve into the legal considerations surrounding AI in employment relationships, with Joanna Matthews Taylor, Partner at Baker McKenzie.

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News Round-up: Covering Recent Key Developments – Region-Wide

Stay abreast of recent developments, including updates on labour disputes and other significant news items.

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Status Report: The Latest on Localisation

Stay updated with the latest developments, including substantial changes in labor disputes within the UAE. A detailed status report on localisation policies across the GCC, authored by Rekha Simpson, Ali Ibrahim, and Ren Jongerius of Vialto Partners, examines their impact on expatriate employees and employers.

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Law Changes: New and Proposed MENA Laws

Uncover critical updates, including amendments to the DIFC Data Protection Regulation. Joshua Decker, Senior Counsel at Vaishvik Law International Ltd, sheds light on the significance of these changes.

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Case Focus:

Dive into the details of a landmark case – the first-ever race discrimination case in the QICDRC courts, involving Khadija Al-Marhoon and Ooredoo Group Company. Recommended by K&L Gates LLP.

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HR Profile – Labour Risk

Meet Rachael Sands, Senior Legal Counsel – Labor and Employment at Abdul Latif Jameel (ALJ), and explore her unique approach to managing labor-related risks.

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Policy Pointers – Death in Service

Delve into the topic of death in service payments and its legal implications, featuring contributions from Yulia Kasiyanova, Associate Partner at SCHLÜTER GRAF Legal Consultants.

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Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Have you read the Lexis® Middle East HR Alert – previous 2023 editions? Click the links below to access and read these editions.

We are excited to introduce the newest edition of Lexis Middle East Gulf Tax. Our complimentary magazine provides valuable insights into the latest tax and financial developments throughout the region.

In this issue, we delve into the finer points of free zones in the UAE, where recent Cabinet and Ministerial Decisions have shed light on the operation of Corporate Income Tax. Discover the clarifications and implications that may affect your business.

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In this edition:

FEATURE: FINER POINTS ON FREEZONES

Explore how recent Cabinet and Ministerial Decisions have brought clarity to the operation of Corporate Income Tax within UAE freezones. Mourad Chatar of Value Square unravels surprises in determining liabilities.

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FEATURE: E-INVOICING: WHAT NEXT?

Dive into the adoption of new technology across the GCC to enhance tax compliance. Discover how tax regulators are leveraging mandatory e-invoicing for improved tax regulation. Insights provided by Ekansh Agrawal and Shashank Chandak of KPMG.

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TAX NEWS ROUND-UP

Stay informed about the latest updates in tax treaties and regulations throughout the region.

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WHAT’S CHANGED?

Discover the significance of the new UAE clarification procedure within the dynamic tax landscape. Brought to you in partnership with Crowe.

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PRACTICAL FOCUS: TAX AND M&A

Gain valuable insights from Mourad Chatar and Ismail El Koundi of Value Square, tailored for tax and M&A professionals.

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INHOUSE TAX PROFILE: SUSTAINABLY MINDED

Explore the intersection of sustainability and tax planning with Rajpal Bal, Global Head of Tax, Treasury & Customs at Aramex.

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ANY QUESTIONS? – HOW DOES TAX RETENTION OPERATE?

Delve into the workings of tax retention in Kuwait with insights from Rami Alhadhrami of BDO Kuwait, shedding light on the requirements that apply to entities trading in Kuwait.

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Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Have you read the Lexis® Middle East Gulf Tax – Spring and Summer 2023 editions? Click the links below to access them.