Actor Chris Pine and Academy of Motion Picture Arts and Sciences President Cheryl Boone Isaacs announce the nominees for Actor in a Leading Role during the nominations announcement for the 87th Academy Awards in Beverly Hills. Reuters
Actor Chris Pine and Academy of Motion Picture Arts and Sciences President Cheryl Boone Isaacs announce the nominees for Actor in a Leading Role during the nominations announcement for the 87th Academy Awards in Beverly Hills. Reuters
Actor Chris Pine and Academy of Motion Picture Arts and Sciences President Cheryl Boone Isaacs announce the nominees for Actor in a Leading Role during the nominations announcement for the 87th Academy Awards in Beverly Hills. Reuters
Actor Chris Pine and Academy of Motion Picture Arts and Sciences President Cheryl Boone Isaacs announce the nominees for Actor in a Leading Role during the nominations announcement for the 87th Academ

Birdman and Budapest top Oscar nominations with 9 nods each


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Two extravagant comedies, Birdman and The Grand Budapest Hotel, tied for the most Oscar nominations with nine nods each, including best picture.

They were joined in best-picture nominations by Boyhood, Whiplash, The Theory of Everything, The Imitation Game, American Sniper and Selma. Nominations for the 87th annual Academy Awards were announced from Beverly Hills, where they were broadcast and streamed live.

The Imitation Game trailed close behind with eight nominations. Clint Eastwood's Navy SEAL drama American Sniper did especially well, landing six nods including best actor for Bradley Cooper.

Also with six nominations was Richard Linklater's coming-of-age epic Boyhood, which remains the best-picture favorite. It won best drama at the Golden Globes.

But Wes Anderson's old Europe caper The Grand Budapest Hotel, which also won best comedy or musical at the Globes, has emerged as the most unexpected awards heavyweight. With $59.1 million at the North American box office (opening all the way back in March), it's also the most money-making best-picture entry. That, however, is likely to change soon after American Sniper expands nationwide this weekend.

The eight best-picture nominees left out two wild cards that might have added a dose of darkness to the category: the creepy Jake Gyllenhaal thriller Nightcrawler and the tragic wrestling drama Foxcatcher. In the three previous years since the category was expanded (anywhere between five and 10 film may be nominated), there were nine movies contending for best picture.

The nominees for best actor are: Cooper, Steve Carell (Foxcatcher), Benedict Cumberbatch (The Imitation Game), Michael Keaton (Birdman) and Eddie Redmayne. David Oweloyo, who stars as Martin Luther King Jr. in Selma, was left out.

Marion Cotillard for the French-language "Two Days, One Night" was the surprise nominee for best actress. She was joined by Felicity Jones (The Theory of Everything), Julianne Moore (Still Alice), Rosamund Pike (Gone Girl) and Reese Witherspoon (Wild).

This year's modestly sized but much-beloved favorites – Boyhood, Birdman – have been largely locked in place throughout much of the ever-expanding industrial complex of Hollywood's lengthy awards season, where statuette-hunting campaigns span months and are feverishly chewed over by Oscar prognosticators. As studios have focused more and more on easily marketed blockbusters, Oscar season increasingly exists apart from the regular business of the movies, in its own highfalutin, red-carpeted realm.

Ratings are on the rise. Last year's Oscars, hosted by Ellen DeGeneres, drew 43 million viewers, making it the most-watched entertainment telecast in a decade. 12 Years a Slave took best picture. This year's ceremony on February 22 will be hosted by Neil Patrick Harris.

artslife@thenational.ae

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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ACC 2019: The winners in full

Best Actress Maha Alemi, Sofia

Best Actor Mohamed Dhrif, Weldi  

Best Screenplay Meryem Benm’Barek, Sofia  

Best Documentary Of Fathers and Sons by Talal Derki

Best Film Yomeddine by Abu Bakr Shawky

Best Director Nadine Labaki, Capernaum