From 1 February 2020, DIFC has introduced a progressive end-of-service benefits scheme introduced for expatriate workers. This will replace the existing Gratuity Benefits to an enhanced professionally managed contribution plan. This allows employees to increase their savings by contributing...

This guide aims to provide insights into the relevant impacts of COVID-19. It gives general risk response guidance for companies to consider when deploying business continuity planning (BCP) measures to combat the epidemic and, more importantly, to maintain the agility to overcome the...

Taxes in UAE – Things to considerWith the evolving crisis we are facing globally in the form of COVID-19, the health and safety of our friends, families and community has become a priority. This has resulted a change in how we do business, with work from home arrangements becoming more common.It...

IMPACTThe impact of the Coronavirus (COVID-19) pandemic is spreading across the world and impacting all types of organisations and their employees. Unfortunately, cyber criminals are taking advantage of this situation by distributing emails with malicious attachments or links to fraudulent...

Applying VAT to electronic services in the UAE Your guide to managing VAT in an increasingly digital economyWhen it comes to applying VAT rules to services that are supplied electronically, taxpayers often ask which services are considered to be “electronic services” under UAE VAT law; and how to...

Fintech under the lens: episode 1We at BDO are delighted to launch a new series of short videos 'Fintech under the lens' in which our Fintech experts take a look at trends and developments of the sector in their countries. In Episode 1 Germany, Dr. Karsten Paetzmann, Head of Global Financial...

The Corporate Fraud shows specific characteristics in Latin America region that need to be analyzed by companies, to prevent, detect and respond to the types of fraud that have an impact on their business.From BDO we have developed the “Map of Corporate Fraud in Latin America” with the aim of...

GERMANY - Request for a preliminary ruling to the CJEU on company cars to employees \ MALAYSIA - Implementation of service tax on digital services \ SPAIN - VAT treatment of the supply of power in charging points for electric cars

This newsletter summarises recent tax developments of international interest across the world. In this issue, read our special feature on the world of corporate international tax in 2019 and beyond, introduction of Digital Services Tax in France and the United Kingdom, tax inflation adjustment in...