The burnt remains of motorcycle after an Israeli attack sit at Salah Ghandour Hospital in Bint Jbeil, southern Lebanon, on May 27, 2024. AP
The burnt remains of motorcycle after an Israeli attack sit at Salah Ghandour Hospital in Bint Jbeil, southern Lebanon, on May 27, 2024. AP
The burnt remains of motorcycle after an Israeli attack sit at Salah Ghandour Hospital in Bint Jbeil, southern Lebanon, on May 27, 2024. AP
The burnt remains of motorcycle after an Israeli attack sit at Salah Ghandour Hospital in Bint Jbeil, southern Lebanon, on May 27, 2024. AP

Four killed in Israeli strikes on Lebanon as Nasrallah warns of Hezbollah's reach


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Israeli attacks on south Lebanon on Friday killed four people, including a medical worker and a woman, Hezbollah and affiliated rescuers said, with the Iran-backed group adding it had fired dozens of rockets in retaliation.

Hezbollah, a Hamas ally, has regularly fired on Israel since the Palestinian militant group's October 7 attack on southern Israel started the war in the Gaza Strip.

The operations room of the Hezbollah-affiliated Islamic Health Committee told AFP that “an Israeli drone strike targeted an ambulance … One rescuer was martyred and another wounded” in the border town of Naqoura.

Hezbollah chief Hassan Nasrallah in a televised address said that Hezbollah fighters were capable of going into northern Israel but had not done so.

Lebanon's state-run National News Agency (NNA) also said “an enemy drone targeted a Health Committee ambulance in the town of Naqoura”, reporting casualties.

Several militant groups in Lebanon operate health centres and emergency response operations.

The operations room later told AFP that an Israeli strike on the town of Adloun had killed a woman and wounded four other people.

The NNA said an “enemy drone launched a strike targeting a house” in Adloun, around 30 kilometres from the border, “completely destroying it”.

The Israeli military said in a statement that “fighter jets struck a military structure” in the Naqoura area “where a terrorist cell's activity was identified”.

Lebanon's Hezbollah leader Hassan Nasrallah gives a televised address at the end of three days of condolences for his mother who passed away on Saturday, in Beirut's southern suburbs, Lebanon May 28, 2024. Reuters
Lebanon's Hezbollah leader Hassan Nasrallah gives a televised address at the end of three days of condolences for his mother who passed away on Saturday, in Beirut's southern suburbs, Lebanon May 28, 2024. Reuters

“A terrorist” in the Yarun area, elsewhere in south Lebanon, “was also struck”, the statement said, adding that a drone from Lebanon was intercepted.

Hezbollah said it fired “dozens of Katyusha rockets” at northern Israel “in response to the attack” in Naqoura, and also claimed other attacks on Friday, including with drones and heavy-duty missiles.

Hezbollah also announced in separate statements that two of its fighters had been killed, without specifying the location.

One person was killed in bombardment in Ain Qana, a source close to Hezbollah had said, without elaborating.

Nearly 450 people have been killed in Lebanon in more than seven months of cross-border violence, mostly militants but also more than 80 civilians, according to an AFP tally.

Ten rescuers from the Islamic Health Committee are among those killed.

A United Nations Interim Force In Lebanon (UNIFIL) peacekeeping force vehicle patrols in the southern coastal border Lebanese-Israeli town of Naqoura, Lebanon, Monday, June 6, 2022. AP
A United Nations Interim Force In Lebanon (UNIFIL) peacekeeping force vehicle patrols in the southern coastal border Lebanese-Israeli town of Naqoura, Lebanon, Monday, June 6, 2022. AP

Israel said 14 soldiers and 11 civilians have been killed on its side of the border.

Also on Friday, Lebanon's Foreign Ministry said the country had submitted a complaint to the UN Security Council over a strike blamed on Israel this month on a car that also damaged a nearby minibus, wounding several schoolchildren.

A source close to Hezbollah said one of the group's fighters was killed in that attack.

It was “a violation of international humanitarian law”, the Foreign Ministry said, urging the Security Council to “condemn Israel's direct, deliberate, repeated targeting of civilians”.

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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His advice to anyone starting out in business is to have no fear as life is about taking on challenges.

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Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.

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Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5

HOW TO WATCH

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GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Updated: June 03, 2024, 5:23 PM