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FINANCIAL NEWS
UAE signs tax deal with Abu Dhabi’s ADGM
13 Jul 2016
(MENAFN) The UAE signed an agreement with Abu Dhabi Global Market (ADGM) on the exchange of information for tax purposes in its premises.
Additionally, the deal confirms both sides commitment to apply international standards and needs on the automatic exchange of information for tax purposes.
Accordingly, the ministry seeks to gain similar deals to ensure application of global standards of transparency.
Moreover, this will help to prevent tax evasion and enhancing tax collection efficiency; the automatic exchange of information is a new standard.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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