Tag: Tax
-
Wealthy Dubai residents race back to UAE to avoid tax bills
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dubai residents stuck abroad because of the Iran war are trying to return home to avoid incurring large tax bills by spending too long outside the emirate, according to travel executives and tax lawyers. Some read more
Written by
-
UK Reveals Nearly $80 M. Worth of Art Donated by Collectors in Order to Reduce Tax Burdens
Arts Council England has announced the results of the 2024-25 edition of its Cultural Gifts Scheme (CGS) and Acceptance in Lieu (AIL)initiatives. Thirty-two artworks entered public collections this cycle, with a combined value of almost $80 million. Highlights include Edgar Degas’s pastel Danseuses roses (ca. 1897–1901), given to the National Gallery by the estate of read more
Written by
-
Yonda Tax raises £11M to simplify global tax compliance for scaling companies
Global tax automation platform Yonda Tax has raised £11 million in investment funding. Yonda Tax automates global tax compliance from registration to filing and remittance, so businesses can focus on scaling. Every jurisdiction has its own filing requirements and deadlines, which often change with little notice. In addition, tax authorities worldwide are intensifying their scrutiny read more
Written by
