AP
Neighbours in New Orleans foiled what police say was an attempt to steal a chunk of cinderblock wall bearing a painting created by the world-renowned graffiti artist Banksy.
The building’s owner called police on Friday evening, saying someone was attempting to cut out the painting, which Banksy had created after Hurricane Katrina, said Officer Garry Flot, a police spokesman. By the time of that call, he said, the two suspects were gone and the mural, known locally as Umbrella Girl or Rain Girl, was still there. The painting and the long holes that had been cut around it are now shielded by plywood.
The mural is among more than a dozen made in 2008 in New Orleans by the elusive British artist, who is perhaps the world’s best-known street artist. Banksy’s works have sold at auction for as much as Dh4 million. He came to New Orleans as Hurricane Gustav was heading toward Louisiana. The images he left were generally related to the 2005 hurricane, Katrina. Well known in New Orleans, they have been the subject of news articles in the past.
Many have since been painted over or destroyed. This one shows a mournful girl holding an umbrella from which rain pours onto her as she extends a cupped hand into the open air around her.
Word of activity at the site appeared Friday afternoon on Facebook, with pictures showing a wide gap above the painting. The work was going on behind a plywood screen.
Photographer Cheryl Gerber had noticed the plywood hiding the painting not far from her house earlier in the day while driving home from an assignment. She asked a man sitting at the back of a nearby rental truck what was going on.
“He said, ‘Oh, the picture is going to London for a big show,”’ she recounted.
She got home and posted a photo with the message, “Bye Bye Banksy! My neighborhood’s most famous little girl is moving to London.”
Clay Lapeyrouse was alarmed when he saw a Facebook picture of the activity.
“It just didn’t add up to me. The whole scenario seemed off,” Lapeyrouse, operations manager at Louisiana Fresh Produce, said.
It was his day off, so he went to take a look for himself.
When he asked to see a permit for work on the vacant building, the two men could not provide one. They told him the building’s owners wanted to send the painting to a museum. “They couldn’t tell me who the owner was or the name of the museum,” Lapeyrouse said.
“I left and came back and called the police and called every authority I could think of in the city,” he said.
Tate spokeswoman Jeanette Ward told The Associated Press in an email that there “are currently no plans announced to include the work of Banksy in an exhibition.”
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Zakat definitions
Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.
Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.
Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.
Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.
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More on Coronavirus in France
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- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
Killing of Qassem Suleimani