Tomorrow takes trust
The Middle East region is transforming - and faster than ever before. We help businesses navigate increasing complexity and risk to drive sustained outcomes by empowering them to make informed business decisions, while meeting their tax and legal responsibilities.
On 31 January 2022, the UAE Ministry of Finance announced the introduction of a federal corporate tax in the UAE that will be effective for financial years starting on or after 1 June 2023.
The new law will have profound implications for businesses, and PwC's dedicated team of UAE Corporate Tax specialists share their thoughts on what businesses should do to prepare.
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The European Green Deal is also critical to the region’s post-pandemic recovery. One-third of the EUR1.8 trillion investments from the NextGenerationEU Recovery Plan and the EU’s seven-year budget are financing the European Green Deal. The Green Deal’s main objective is to reduce net greenhouse gas emissions by at...
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There is no doubt that the Middle East is embracing the concept - and the reality - of the ‘tax function of tomorrow’ and the idea of the tax authority as a “superpower” is no longer hypothetical. We are seeing this evolve in real time across the region and the window to be ready to adapt and respond is shrinking....
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Taxpayers should immediately revisit their real estate transactions to ensure compliance with the tax requirements.
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