• Amber Heard said last month that she stands by 'every word' of her testimony in her defamation trial, in which she was sued by former husband Johnny Depp. AFP
    Amber Heard said last month that she stands by 'every word' of her testimony in her defamation trial, in which she was sued by former husband Johnny Depp. AFP
  • NBC journalist Savannah Guthrie interviewed Heard in June following the trial's conclusion. She revealed how her husband Michael Feldman consulted with Depp's legal team. Photo: NBC News
    NBC journalist Savannah Guthrie interviewed Heard in June following the trial's conclusion. She revealed how her husband Michael Feldman consulted with Depp's legal team. Photo: NBC News
  • Heard says she doesn’t blame the jury for awarding Depp more than $15 million after a contentious six-week libel trial — it was later reduced to $10m. AP
    Heard says she doesn’t blame the jury for awarding Depp more than $15 million after a contentious six-week libel trial — it was later reduced to $10m. AP
  • Heard reacts with her lawyer Elaine Bredehoft after the verdict was read at the Fairfax County Circuit Courthouse, Virginia, US, in June. AP
    Heard reacts with her lawyer Elaine Bredehoft after the verdict was read at the Fairfax County Circuit Courthouse, Virginia, US, in June. AP
  • Depp was in Newcastle, England, with musician Jeff Beck when the verdict was read. AP
    Depp was in Newcastle, England, with musician Jeff Beck when the verdict was read. AP
  • Heard leaves after the jury's verdict. EPA
    Heard leaves after the jury's verdict. EPA
  • Heard and Depp prior to their wedding. The marriage lasted less than two years. AP
    Heard and Depp prior to their wedding. The marriage lasted less than two years. AP
  • Heard in a scene from 'London Fields'. Photo: GVN Releasing
    Heard in a scene from 'London Fields'. Photo: GVN Releasing
  • After losing his lawsuit against British tabloid 'The Sun', Depp said he planned to appeal the UK libel ruling, but then decided to sue his ex-wife in the US. AP
    After losing his lawsuit against British tabloid 'The Sun', Depp said he planned to appeal the UK libel ruling, but then decided to sue his ex-wife in the US. AP
  • Heard speaking at the 4th Annual Women's March LA: Women Rising in Los Angeles in January 2020. Getty Images / AFP
    Heard speaking at the 4th Annual Women's March LA: Women Rising in Los Angeles in January 2020. Getty Images / AFP
  • Heard leaving the High Court in London in July 2020. Reuters
    Heard leaving the High Court in London in July 2020. Reuters
  • A video of Depp plays on a screen before Paul McCartney's performance on the Pyramid Stage at Glastonbury Festival in June. EPA
    A video of Depp plays on a screen before Paul McCartney's performance on the Pyramid Stage at Glastonbury Festival in June. EPA
  • After speaking out about domestic abuse, Amber Heard feared she would lose her roles in the movies 'Justice League' and 'Aquaman', the latter of which she starred in opposite Jason Momoa. Photo: DC Entertainment
    After speaking out about domestic abuse, Amber Heard feared she would lose her roles in the movies 'Justice League' and 'Aquaman', the latter of which she starred in opposite Jason Momoa. Photo: DC Entertainment
  • Depp gestures as he arrives at the Parco della Musica venue for the 19th edition of "Alice nella Citta" in Rome, Italy. AFP
    Depp gestures as he arrives at the Parco della Musica venue for the 19th edition of "Alice nella Citta" in Rome, Italy. AFP
  • Heard wearing an outfit from Monique Lhuillier at the Golden Globes in 2019. Reuters
    Heard wearing an outfit from Monique Lhuillier at the Golden Globes in 2019. Reuters
  • Heard arrives on the red carpet for a Golden Globes ceremony. AFP
    Heard arrives on the red carpet for a Golden Globes ceremony. AFP
  • Heard watches the men's semi-final match at Wimbledon in 2018. EPA
    Heard watches the men's semi-final match at Wimbledon in 2018. EPA
  • Since the trial, Depp has been playing guitar on stage in front of fans. AP
    Since the trial, Depp has been playing guitar on stage in front of fans. AP
  • Heard at the Film Independent Spirit Awards in Santa Monica, California, in 2020. Reuters
    Heard at the Film Independent Spirit Awards in Santa Monica, California, in 2020. Reuters
  • Heard attends the Manus x Machina: Fashion In An Age Of Technology Costume Institute Gala at Metropolitan Museum of Art in New York in 2016. Getty Images
    Heard attends the Manus x Machina: Fashion In An Age Of Technology Costume Institute Gala at Metropolitan Museum of Art in New York in 2016. Getty Images
  • Heard wears a creation for the L'Oreal Spring/Summer 2022 fashion show presented in Paris, France, in 2021. AP
    Heard wears a creation for the L'Oreal Spring/Summer 2022 fashion show presented in Paris, France, in 2021. AP
  • Aishwarya Rai Bachchan, Helen Mirren and Heard in Paris, France. AP
    Aishwarya Rai Bachchan, Helen Mirren and Heard in Paris, France. AP
  • After Depp filed a lawsuit against her, Heard testified she lost her contract with L'Oreal. AFP
    After Depp filed a lawsuit against her, Heard testified she lost her contract with L'Oreal. AFP
  • Depp inside the courtroom in April at the beginning of the trial. AP
    Depp inside the courtroom in April at the beginning of the trial. AP
  • Heard is styled backstage during Paris Fashion Week in 2021. Getty Images
    Heard is styled backstage during Paris Fashion Week in 2021. Getty Images
  • Depp performs on stage at the Helsinki Blues Festival in June. EPA
    Depp performs on stage at the Helsinki Blues Festival in June. EPA
  • British rock guitarist Jeff Beck and Depp perform on stage at the Helsinki Blues Festival. EPA
    British rock guitarist Jeff Beck and Depp perform on stage at the Helsinki Blues Festival. EPA
  • Depp waves to supporters as he departs the Fairfax County Courthouse after closing arguments. He never returned for the reading of the verdict. AP
    Depp waves to supporters as he departs the Fairfax County Courthouse after closing arguments. He never returned for the reading of the verdict. AP
  • Depp received the Gold Medal of Merit on the occasion of Serbia's Statehood Day in Belgrade, Serbia, in February. Reuters
    Depp received the Gold Medal of Merit on the occasion of Serbia's Statehood Day in Belgrade, Serbia, in February. Reuters
  • Depp and Heard's former penthouse sits on top of Downtown Los Angeles’s famed Eastern Columbia Building and was recently put up for sale. Photo: Douglas Elliman Realty
    Depp and Heard's former penthouse sits on top of Downtown Los Angeles’s famed Eastern Columbia Building and was recently put up for sale. Photo: Douglas Elliman Realty
  • There is a saltwater pool on the rooftop. Photo: Douglas Elliman Realty
    There is a saltwater pool on the rooftop. Photo: Douglas Elliman Realty
  • There is an additional lounge area on the staircase landing. Photo: Douglas Elliman Realty
    There is an additional lounge area on the staircase landing. Photo: Douglas Elliman Realty
  • The apartment measures 1,780 square feet. Photo: Douglas Elliman Realty
    The apartment measures 1,780 square feet. Photo: Douglas Elliman Realty
  • The penthouse apartment has one bedroom. Photo: Douglas Elliman Realty
    The penthouse apartment has one bedroom. Photo: Douglas Elliman Realty
  • The kitchen and lounge area. Photo: Douglas Elliman Realty
    The kitchen and lounge area. Photo: Douglas Elliman Realty

Johnny Depp's lawyers say Amber Heard's mistrial appeal is 'irrelevant'


  • English
  • Arabic

Johnny Depp's legal team has hit back after ex-wife Amber Heard appealed to have his $10 million defamation compensation overturned.

In court papers filed on Monday, Depp’s lawyers dispute arguments from Heard’s team that the jury’s verdict was "excessive" and "improperly" reached. They also say complaints about the juror’s identity are irrelevant — last week, Heard's team contested the actual seated juror was not the same person listed on the jury panel.

The verdict in favour of Depp was "well-supported by the overwhelming evidence (and) consistent with the law" and the appeals "verge into the frivolous", his lawyers said.

Last month, a civil jury in Virginia, US, awarded $10.35m in damages to Depp after they found he was defamed by Heard when she wrote a 2018 op-ed piece in The Washington Post about domestic violence.

The jury also awarded $2m to Heard on her counterclaim that she was defamed by one of Depp’s attorneys after he called her allegations a hoax.

  • Actor Amber Heard talks to her lawyers before the hearing starts in the courtroom in April. Reuters
    Actor Amber Heard talks to her lawyers before the hearing starts in the courtroom in April. Reuters
  • US actor Johnny Depp takes a seat to give evidence in the courtroom in Fairfax, Virginia, in April. EPA
    US actor Johnny Depp takes a seat to give evidence in the courtroom in Fairfax, Virginia, in April. EPA
  • Depp was subjected to a gruelling cross-examination. AP
    Depp was subjected to a gruelling cross-examination. AP
  • Heard's lawyers told the court of Depp's history of trashing hotel rooms, and one time when he smashed a bathroom sconce during an argument with his former wife. Reuters
    Heard's lawyers told the court of Depp's history of trashing hotel rooms, and one time when he smashed a bathroom sconce during an argument with his former wife. Reuters
  • Heard sheds tears as she listens to a recorded message her former husband had left her, played to the courtroom. EPA
    Heard sheds tears as she listens to a recorded message her former husband had left her, played to the courtroom. EPA
  • Depp denied that he ever abused Heard and sued her for libel. AFP
    Depp denied that he ever abused Heard and sued her for libel. AFP

Heard’s lawyers filed motions earlier this month asking the judge to throw out the verdicts on a variety of legal theories.

Heard’s lead lawyer Elaine Bredehoft also filed a supplement to a post-trial motion requesting a mistrial. According to that filing, first reported by Deadline, Bredehoft contested the actual seated juror was not the same person listed on the jury panel.

“As the court no doubt agrees, it is deeply troubling for an individual not summoned for jury duty nonetheless to appear for jury duty and serve on a jury, especially in a case such as this,” the filing said.

In April, one jury summons was sent to a Virginia address, but someone else at the residence having the same last name appeared before the court, Heard’s lawyer argued. The juror seated for the trial was born in 1945 and another legal resident at that address was born in 1970.

  • A mutual friend said that Johnny Depp and his wife Amber Heard were very in love yet often 'vicious' towards one another.
    A mutual friend said that Johnny Depp and his wife Amber Heard were very in love yet often 'vicious' towards one another.
  • Johnny Depp leaves court after jury selection in his $50 million defamation lawsuit against former wife Heard. EPA
    Johnny Depp leaves court after jury selection in his $50 million defamation lawsuit against former wife Heard. EPA
  • US actress Amber Heard leaves the Fairfax County Circuit Court in Virginia on April 11. AFP
    US actress Amber Heard leaves the Fairfax County Circuit Court in Virginia on April 11. AFP
  • Depp filed a defamation lawsuit against Amber Heard, after she wrote an opinion piece in 'The Washington Post' in 2018 that, without naming him, accused him of domestic abuse. Reuters
    Depp filed a defamation lawsuit against Amber Heard, after she wrote an opinion piece in 'The Washington Post' in 2018 that, without naming him, accused him of domestic abuse. Reuters
  • Jury selection began on April 11 in the defamation case involving allegations of spousal abuse between Depp and Heard. AFP
    Jury selection began on April 11 in the defamation case involving allegations of spousal abuse between Depp and Heard. AFP
  • Depp fan David Laman holds a poster outside the Fairfax County Circuit Courthouse as jury selection progressed. Reuters
    Depp fan David Laman holds a poster outside the Fairfax County Circuit Courthouse as jury selection progressed. Reuters
  • Tiffany Lunn, a supporter of Depp, outside the court in Fairfax, Virginia. AP
    Tiffany Lunn, a supporter of Depp, outside the court in Fairfax, Virginia. AP
  • Johnny Depp fans at the courthouse. AP
    Johnny Depp fans at the courthouse. AP
  • The defamation case brought by Depp against former wife Heard is expected to last between five and six week. Reuters
    The defamation case brought by Depp against former wife Heard is expected to last between five and six week. Reuters
  • Depp leaves the High Court in London, England, on July 22, 2020, during the libel case there. Reuters
    Depp leaves the High Court in London, England, on July 22, 2020, during the libel case there. Reuters
  • Heard arrives at the High Court in London. Reuters
    Heard arrives at the High Court in London. Reuters
  • Depp and Heard at the 72nd Venice Film Festival in northern Italy, 2015. Reuters
    Depp and Heard at the 72nd Venice Film Festival in northern Italy, 2015. Reuters

On Monday, Depp’s lawyers filed their response.

They argue there was nothing inconsistent in the fact the jury awarded judgments in favour of both Depp and Heard. They said the jury verdict form allowed jurors to be very specific about which statements were libellous and the verdict makes sense when you look at the specific statements cited by the jury.

As for the confusion over the juror’s identity, Depp’s lawyers say it’s too late for Heard’s team to object. According to court papers, a summons went out to a 77-year-old man. But the man who responded in his place was his 52-year-old son, who has the same name and lives at the same address.

Depp’s lawyers argue if Heard’s team had concerns, they should have spoken up at the time because it was apparent that the man who served was not 77 years old, even though court paperwork described him as such.

"Though understandably displeased with the outcome of trial, Ms Heard has identified no legitimate basis to set aside in any respect the jury's decision," they said.

"Virginia law is clear that a verdict is not to be set aside unless it is 'plainly wrong or without evidence to support it'. Mr Depp respectfully submits that the court should deny Ms Heard's post-trial motions, which verge into the frivolous."

Judge Penney Azcarate has not yet indicated if she plans to hold a hearing to hear arguments on the motions to set aside the verdict.

The verdict in Virginia came two years after a similar trial in the UK in which Depp sued a British tabloid after he was described as a “wife beater.” The judge in that case ruled in the newspaper’s favour after finding Heard was telling the truth in her descriptions of abuse.

Jurors in the Virginia case were not told the judge in the British case had ruled against Depp.

— Additional reporting by AP and PA News

Johnny Depp and Amber Heard's old LA home goes on sale for $1.76 million — in pictures

  • The penthouse sits on top of the famed Eastern Columbia Building in Downtown Los Angeles. Photo: Douglas Elliman Realty
    The penthouse sits on top of the famed Eastern Columbia Building in Downtown Los Angeles. Photo: Douglas Elliman Realty
  • The apartment has one bedroom. Photo: Douglas Elliman Realty
    The apartment has one bedroom. Photo: Douglas Elliman Realty
  • There is a saltwater pool on the rooftop. Photo: Douglas Elliman Realty
    There is a saltwater pool on the rooftop. Photo: Douglas Elliman Realty
  • There is an additional lounge area on the landing. Photo: Douglas Elliman Realty
    There is an additional lounge area on the landing. Photo: Douglas Elliman Realty
  • The apartment measures 1,780 square feet. Photo: Douglas Elliman Realty
    The apartment measures 1,780 square feet. Photo: Douglas Elliman Realty
  • The kitchen and lounge area. Photo: Douglas Elliman Realty
    The kitchen and lounge area. Photo: Douglas Elliman Realty
  • Johnny Depp and Amber Heard are said to have “spent a good amount of time" in the apartment. Reuters, AFP
    Johnny Depp and Amber Heard are said to have “spent a good amount of time" in the apartment. Reuters, AFP
UAE currency: the story behind the money in your pockets
Results

2.15pm: Maiden (PA) Dh40,000 1,200m

Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,200m

Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.

3.15pm: Handicap (PA) Dh40,000 2,000m

Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.

3.45pm: Handicap (PA) Dh40,000 1,000m

Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.

4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.

Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.

54.45pm: Handicap (PA) Dh40,000 1,700m

Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.

THE LOWDOWN

Romeo Akbar Walter

Rating: 2/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Robby Grewal
Cast: John Abraham, Mouni Roy, Jackie Shroff and Sikandar Kher 

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

The details

Heard It in a Past Life

Maggie Rogers

(Capital Records)

3/5

About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Prop idols

Girls full-contact rugby may be in its infancy in the Middle East, but there are already a number of role models for players to look up to.

Sophie Shams (Dubai Exiles mini, England sevens international)

An Emirati student who is blazing a trail in rugby. She first learnt the game at Dubai Exiles and captained her JESS Primary school team. After going to study geophysics at university in the UK, she scored a sensational try in a cup final at Twickenham. She has played for England sevens, and is now contracted to top Premiership club Saracens.

----

Seren Gough-Walters (Sharjah Wanderers mini, Wales rugby league international)

Few players anywhere will have taken a more circuitous route to playing rugby on Sky Sports. Gough-Walters was born in Al Wasl Hospital in Dubai, raised in Sharjah, did not take up rugby seriously till she was 15, has a master’s in global governance and ethics, and once worked as an immigration officer at the British Embassy in Abu Dhabi. In the summer of 2021 she played for Wales against England in rugby league, in a match that was broadcast live on TV.

----

Erin King (Dubai Hurricanes mini, Ireland sevens international)

Aged five, Australia-born King went to Dubai Hurricanes training at The Sevens with her brothers. She immediately struck up a deep affection for rugby. She returned to the city at the end of last year to play at the Dubai Rugby Sevens in the colours of Ireland in the Women’s World Series tournament on Pitch 1.

The%20Iron%20Claw
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Sean%20Durkin%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Zac%20Efron%2C%20Jeremy%20Allen%20White%2C%20Harris%20Dickinson%2C%20Maura%20Tierney%2C%20Holt%20McCallany%2C%20Lily%20James%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Scoreline

Liverpool 3
Mane (7'), Salah (69'), Firmino (90')

Bournemouth 0

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

'The%20Alchemist's%20Euphoria'
%3Cp%3E%3Cstrong%3EArtist%3A%3C%2Fstrong%3E%20Kasabian%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EColumbia%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
The specs

Engine: 3.8-litre twin-turbo flat-six

Power: 650hp at 6,750rpm

Torque: 800Nm from 2,500-4,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 11.12L/100km

Price: From Dh796,600

On sale: now

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings 
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10

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

CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
UAE SQUAD

Mohammed Naveed (captain), Mohamed Usman (vice captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Clinicy%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Prince%20Mohammed%20Bin%20Abdulrahman%2C%20Abdullah%20bin%20Sulaiman%20Alobaid%20and%20Saud%20bin%20Sulaiman%20Alobaid%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Riyadh%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2025%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20HealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%20raised%3A%3C%2Fstrong%3E%20More%20than%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Middle%20East%20Venture%20Partners%2C%20Gate%20Capital%2C%20Kafou%20Group%20and%20Fadeed%20Investment%3C%2Fp%3E%0A
Updated: July 12, 2022, 8:34 AM