French actress Lea Seydoux may cancel her visit to Cannes Film Festival after testing positive for Covid-19. AFP
French actress Lea Seydoux may cancel her visit to Cannes Film Festival after testing positive for Covid-19. AFP
French actress Lea Seydoux may cancel her visit to Cannes Film Festival after testing positive for Covid-19. AFP
French actress Lea Seydoux may cancel her visit to Cannes Film Festival after testing positive for Covid-19. AFP

Actress Lea Seydoux may skip Cannes Film Festival after testing positive for Covid-19


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Lea Seydoux, one of France’s most famous actresses, may miss this year's Cannes Film Festival after testing positive for Covid-19.

The Mission: ImpossibleGhost Protocol star has been fully vaccinated against the virus but tested positive while working on a film, her publicist Christine Tripicchio confirmed on Saturday.

Seydoux is asymptomatic and isolating at home in Paris, hoping that negative tests on consecutive days could allow her to still attend the festival in the South of France.

The Spectre actress was set to be one of the most ubiquitous stars at Cannes this year. She stars in four films at the festival, including three that are vying for the top Palme d’Or award – an honour she shared in winning with 2013’s Blue Is the Warmest Colour.

At Cannes, Seydoux stars in Wes Anderson’s The French Dispatch; in Arnaud Desplechin’s Deception; in Bruno Dumont’s France; and in Ildiko Enyedi’s The Story of My Wife.

On Saturday, Cannes organisers trumpeted the success of the festival, which is requiring either proof of full vaccination or a negative test taken within 48 hours for entry. Masks are required inside cinemas and the festival has introduced an advance-booking system.

Cannes is also testing around 4,000 people daily. Several thousand people attending the festival were tested on Friday and none received positive results, a representative said.

The world's biggest cinema showcase, which kicked off on the French Riviera last Tuesday and has so far drawn stars from around the world despite health crisis restrictions, was cancelled in 2020 owing to the pandemic.

Hollywood stars, including Matt Damon, have made the trip to France for Cannes' return, though attendance overall is down from previous years.

The 2021 event marks the first major fully-fledged film festival to be held since the pandemic began.

- Additional reporting by Reuters

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Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5

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Favourite book: Zen and the Art of Motorcycle Maintenance

Holiday choice: Anything Disney-related

Proudest achievement: Receiving a presidential award for foreign services.

Family: Wife and three children.

Like motto: You always get what you ask for, the universe listens.

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Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

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ARGENTINA SQUAD

Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
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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

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Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

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Manchester City 1 Chelsea 0
De Bruyne (70')

Man of the Match: Kevin de Bruyne (Manchester City)

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Updated: July 11, 2021, 8:05 AM