Members of a special IRGC force attend a rally marking the annual Quds Day, or Jerusalem Day, on the last Friday of Ramadan in Tehran, Iran. Reuters
Members of a special IRGC force attend a rally marking the annual Quds Day, or Jerusalem Day, on the last Friday of Ramadan in Tehran, Iran. Reuters
Members of a special IRGC force attend a rally marking the annual Quds Day, or Jerusalem Day, on the last Friday of Ramadan in Tehran, Iran. Reuters
Members of a special IRGC force attend a rally marking the annual Quds Day, or Jerusalem Day, on the last Friday of Ramadan in Tehran, Iran. Reuters

IRGC member shot dead outside his home in Tehran, Iranian state media says


Nada AlTaher
  • English
  • Arabic

A member of Iran's Islamic Revolution Guards Corps was shot dead when gunmen fired four bullets at him on Tuesday night, Iranian state media said.

Qassem Fathollahi was also a commander of the paramilitary Basij forces operating within the IRGC.

State media called the incident a "terror attack," although Colonel Ali Sabahi of the Tehran police's information centre said signs of a "robbery" surrounded the incident.

Iran has been witnessing nationwide protests for more than three months, since 22-year-old Kurdish-Iranian Mahsa Amini died in police custody after her arrest by the so-called morality police for being in violation of the country's dress-code.

Last month, another IRGC member was shot in Isfahan by what the regime called "armed counter-revolutionary villains".

Despite the slight uptick in violence, one analyst believes it is too soon to say that the status quo has changed.

"If people feel like their peaceful protests have failed to achieve their demands and their ambitions or bring about real change, they could attempt to express their anger using alternative means and this is valid," Mohammad Al Zghool, Iranian affairs researcher at Abu Dhabi-based think tank the Emirates Policy Centre, told The National.

"But it is too early to say that the protests are turning into a form of resistance because reaching this point has pre-conditions."

Mr Zghool says the presence of a clear opposition leadership that has a strategy to topple the government is still lacking.

"These are still organic demonstrations that take the form of public outcry, and anger on the streets," he said.

Reaching a new wave of protests, which have now become relatively weak, as opposed to when they first began in September 2022, would require a "new spark", Mr Zghool said.

Iran is also marking the third anniversary since the killing of IRGC general Qassem Soleimani in a US drone strike in 2020.

Pro-government events were held across Iran to mark the occasion as President Ebrahim Raisi vowed to hold those behind the attack responsible.

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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

The years Ramadan fell in May

1987

1954

1921

1888

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More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Updated: January 04, 2023, 2:21 PM