UAE Federal Tax Authority’s inspections ensure tax compliance

Dubai: Federal Tax Authority (FTA) ramped up inspections across the UAE in 2020 to ensure tax compliance. The Authority said these campaigns were carried out within the framework of the Authority’s extensive efforts to contribute towards strengthening market performance and ensuring compliance with all tax legislation and procedures to protect legitimate trade and prevent the […]

City of London pays early price of hard Brexit

London: Europe’s financial capital is feeling the cold of Brexit but UK officials insist the City of London is suffering a temporary blip and is well-positioned to profit from new trading horizons. For the first time last month, as Britain’s withdrawal from the EU took full effect, London’s financial district lost its European share trading […]

Australia may have to say goodbye to Google

Melbourne: Imagine a world without Google, the search engine so pervasive it’s the starting point for more than five billion queries a day. That’s the reality facing Australia, where the tech giant is threatening to unplug its homepage in a standoff with the government. Google opposes a planned law that would force the company and […]