UAE signs Agreement on Mutual Administrative Assistance in Tax Matters (MAC)

Press release
Published April 24th, 2017 - 08:27 GMT
The MAC was signed by HE Maadhad Hareb Mughair Al Khaili, UAE Ambassador to the Republic of France, in the presence of Mr. Rintaro Tamaki, Deputy Secretary-General of the OECD, and representatives from MoF and OECD.
The MAC was signed by HE Maadhad Hareb Mughair Al Khaili, UAE Ambassador to the Republic of France, in the presence of Mr. Rintaro Tamaki, Deputy Secretary-General of the OECD, and representatives from MoF and OECD.

The Ministry of Finance (MoF) has announced that the UAE has signed an Agreement on Mutual Administrative Assistance in Tax Matters (MAC) at the headquarters of the Organization for Economic Cooperation and Development (OECD) last week in Paris, France. The MAC follows the UAE’s commitment to implement international standards and requirements of the exchange of information for tax purposes, and its membership of the Global Forum on Transparency and Exchange of Information. 

The MAC was signed by HE Maadhad Hareb Mughair Al Khaili, UAE Ambassador to the Republic of France, in the presence of Mr. Rintaro Tamaki, Deputy Secretary-General of the OECD, and representatives from MoF and OECD.  

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, stressed the country’s commitment to implementing international requirements and the legal framework adopted by OECD to enhance tax transparency and exchange of information between countries. HE said: “The Ministry of Finance is committed to the responsibility it was entrusted to by the UAE Cabinet, which is the collection and exchange of information for tax purposes in coordination with the concerned authorities in respective countries. This responsibility lies in the framework of bilateral agreements on the avoidance of double taxation previously signed by the UAE, and now falls under the Agreement on Mutual Administrative Assistance in Tax Matters.” 

HE added: “The Agreement on Mutual Administrative Assistance in Tax Matters is considered the legal framework for the exchange of information for tax purposes on individuals and institutions residing in the respective 108 countries which have signed this Agreement to date. These countries include the G20, OECD member countries, countries with emerging economies and financial centers, as well as a number of developing countries. The Agreement aims to promote transparency and cooperation in the field of taxation among these member states, following G20 directives to strengthen the international taxation system and create a transparent environment for taxation, which has become an international priority to address tax evasion.” 

Earlier this month, HE Obaid Al Tayer, Minister of State for Financial Affairs, signed the Multilateral Competent Authority Agreement (MCAA), in accordance with the Common Reporting Standard (CRS), as a step towards activating the exchange of information for tax purposes in 2018. The MCAA regulates the automatic exchange of financial account information on individuals residing in the UAE for tax purposes. 

The signing of the MCA and the UAE’s compliance with international requirements in the area of multilateral agreements on tax cooperation will strengthen the UAE’s position as a global financial and trading center, as well as enhance its competitiveness in the field of taxation. To date, the UAE has signed 104 bilateral agreements to avoid double taxation, eight agreements on the exchange of information for tax purposes, in addition to signing an agreement with FATCA, which includes bilateral cooperation in the exchange of tax information. 

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Background Information

UAE Ministry of Finance

To be a global leader in the fiscal field and to contribute to achieving the UAE Vision.

To efficiently and proactively manage and develop the federal government financial resources through active fiscal policies, excellent abilities, and local and 
international relations in order to achieve development, sustainability, and integrity of the fiscal system in accordance with best practices. 

توقيف 41 شخصا في مظاهرات الجزائر

Published February 23rd, 2019 - 09:07 GMT
توقيف 41 شخصا في مظاهرات الجزائر
توقيف 41 شخصا في مظاهرات الجزائر

أعلنت المديرية العامة للأمن الوطني (الشرطة) الجزائرية، مساء الجمعة، توقيف 41 شخصا في مظاهرات شهدتها عدة مدن ضد ترشح الرئيس عبد العزيز بوتفليقة لولاية خامسة في انتخابات 18 أبريل/ نيسان القادم.

وأكدت إدارة الشرطة في بيان اطلعت عليه وكالة الاناضول أن عمليات التوقيف كانت بسبب “الإخلال بالنظام العام والاعتداء على القوة العامة وتحطيم الممتلكات” دون تقديم تفاصيل أكثر حول أماكن توقيف هؤلاء المتظاهرين.

والجمعة، استجاب آلاف المواطنين بعدة محافظات جزائرية، إلى دعوات للتظاهر تم تداولها عبر شبكات التواصل، ضد ترشح بوتفليقة (81 عاما) لولاية خامسة في انتخابات الرئاسة المقررة في 18 أبريل/ نيسان القادم.

واتسمت هذه المظاهرات بالسلمية في أغلب مناطق البلاد باستثناء حدوث مواجهات بين قوات مكافحة الشغب ومتظاهرين بوسط العاصمة خلال محاولتهم السير نحو القصر الرئاسي .

ووفق شهود عيان لجأت قوات الأمن إلى الغاز المسيل للدموع وتوقيف عدة أشخاص بعد تحذيرات للمتظاهرين وتعرضها للرشق بمقذوفات وحجارة قبل أن يتراجع المحتجون ويغادروا المكان.

وصبيحة اليوم نشر ناشطون معلومات عبر شبكات التواصل الاجتماعي حول توقيف عدد من زملائهم قبل بداية المظاهرات بالعاصمة.

وعلقت الرابطة الجزائرية للدفاع عن حقوق الإنسان (مستقلة) على بيان الشرطة بالمطالبة ب”الإفراج الفوري عن الموقوفين وان يتم احترام حق التظاهر سلميا” كما نشرت على صفحتها بموقع “فيسبوك”.

الأناضول


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