'Dynamite', BTS's first all-English song, debuted at No 1 on the US music charts this week, making the group the first Korean pop act to top the chart. AP
'Dynamite', BTS's first all-English song, debuted at No 1 on the US music charts this week, making the group the first Korean pop act to top the chart. AP
'Dynamite', BTS's first all-English song, debuted at No 1 on the US music charts this week, making the group the first Korean pop act to top the chart. AP
'Dynamite', BTS's first all-English song, debuted at No 1 on the US music charts this week, making the group the first Korean pop act to top the chart. AP

BTS on gaining respect in the US after new single tops the charts: ‘It still doesn’t feel real’


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Loud and happy screams erupt in unison from the seven-member pop stars BTS when they hear they have notched their first No 1 hit on the all-genre Billboard Hot 100 chart.

“Dream,” yells band member RM. “It still doesn’t feel real,” adds Suga, speaking in Korean through a translator. “We’re really happy.”

Dynamite, the group's first all-English song, debuted at No 1 on the US music charts this week, making BTS the first Korean pop act to top the chart. The upbeat song even supplanted WAP, the smash hit by Cardi B and Megan Thee Stallion, to claim the No 1 position.

"Never expected it," RM says of beating WAP for the top spot. "Never! It's like the song of the year."

But getting their first chart-topping track seemed inevitable for the K-pop boy band, who have continued to find major success in the US in the past few years. They've had four albums top Billboard's 200 albums chart, they've achieved Top 10 successes on the Hot 100 with Boy With Luv, On and Fake Love, and in just minutes they've sold out US football stadiums that some pop stars need to join forces to perform at.

And even at US awards shows, they've gone from winning honours such as "top social artist" to being named best group and best pop act, beating out Maroon 5, Imagine Dragons, Twenty One pilots, Jonas Brothers and others. At Sunday's MTV Video Music Awards, they won all four prizes they were nominated for.

When asked if BTS — who released their debut single in 2013 — felt like they've begun to earn more respect from the US, RM says: "We definitely feel that."

"I think in the perspective of culture, I think it's really important to be familiar. So first, we think ... that many Americans [were] not familiar with [us] — we look different, we [sing] different, we got some different choreography, music videos, like everything, even lifestyle. But I think as time goes by, we're doing these shows and songs and concerts and awards, I think quite a lot of people in the American music market is getting, like, kind of close [to us]," he says. "I think it's very good and that's what we wanted actually."

It could also be time for BTS's first Grammy nomination.

"When we see [western] artists ... get nominated for Grammys, they would go: 'Yeah! Yeah!'" says J-hope, standing up from his chair and throwing a small punch in the air.

"Like Travis Scott," he continues. "The nomination is meaningful to even [famous] people like that and to imagine that we could be nominated for Grammy, again, it would be such an honour and a great feeling."

Nominees for the 2021 Grammy Awards will be announced later this year. The show doesn’t have a K-pop category, and while there is a best world music album award, there isn’t a song category for world and international music. Those songs, then, would compete for best pop duo / group performance – a highly competitive award reserved for big hits or collaborations featuring uber-popular performers.

We've matured musically, as well as in the way we think. We've also developed a higher sense of responsibility. This has refined us and these developments are really being reflected in our music and our dance

But the success of Dynamite could explode into a Grammy nomination for BTS.

"The sheer thought of a nomination is thrilling," says J-hope.

"I mean, we hope. We hope so," adds RM. "No one knows about the Grammys ... but we're just doing our best."

Though Dynamite has charted new territory for BTS, the song wasn't even supposed to be released, RM explains. BTS had plans to tour but that changed due to the coronavirus: "The pandemic blew everything away."

So they recorded Dynamite to give their die-hard fans, the BTS Army, "hope, positive energy," RM reveals.

“And we think that it really touched their hearts.”

The group, which includes Jin, V, Jimin and Jungkook, says they're busy recording a new album. They feel they have grown in the seven years they've been a musical group.

"We've matured musically, as well as in the way we think. We've also developed a higher sense of responsibility. This has refined us and these developments are really being reflected in our music and our dance," J-hope says.

The band members range from ages 23 to 27, and the youngest of clan, Jungkook, celebrated his birthday this week with some special news.

"I received the news of our No 1 on the Hot 100 chart on the day of my birthday, so it was really one celebration over another," he says. "It was incredible."

Scroll through the gallery below to see BTS through the years: 

  • BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
    BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
  • Members of BTS arrive on the red carpet for K-Con 2014. AFP
    Members of BTS arrive on the red carpet for K-Con 2014. AFP
  • BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
    BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
  • Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
    Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
  • BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
    BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
  • BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
    BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
  • BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
    BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
  • BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
    BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
  • BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
    BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
  • BTS at the Seoul Music Awards on January 15, 2019. Getty
    BTS at the Seoul Music Awards on January 15, 2019. Getty
  • BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
    BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
  • BTS perform on Saturday Night Live on April 11, 2019. Getty
    BTS perform on Saturday Night Live on April 11, 2019. Getty
  • BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
    BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
  • BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
    BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
  • BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
    BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
  • BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
    BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
  • BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
    BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
  • BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
    BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
  • BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
    BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
  • BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
    BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
  • BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
    BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
  • BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
    BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
  • BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
    BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
  • BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
    BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
  • V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
    V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
  • BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
    BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
  • Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
    Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
  • BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
    BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
  • BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
    BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
  • BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
    BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
  • Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg
    Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg

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Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

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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