Head of Iran’s Atomic Energy Organisation, Mohammed Eslami, right, said US inspectors may be allowed if talks succeed, while the chief of the UN’s nuclear watchdog, Rafael Grossi, warned Tehran is nearing bomb capability. AFP
Head of Iran’s Atomic Energy Organisation, Mohammed Eslami, right, said US inspectors may be allowed if talks succeed, while the chief of the UN’s nuclear watchdog, Rafael Grossi, warned Tehran is nearing bomb capability. AFP
Head of Iran’s Atomic Energy Organisation, Mohammed Eslami, right, said US inspectors may be allowed if talks succeed, while the chief of the UN’s nuclear watchdog, Rafael Grossi, warned Tehran is nearing bomb capability. AFP
Head of Iran’s Atomic Energy Organisation, Mohammed Eslami, right, said US inspectors may be allowed if talks succeed, while the chief of the UN’s nuclear watchdog, Rafael Grossi, warned Tehran is nea

Iran might allow US nuclear inspectors if deal reached


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Iran could allow the UN's nuclear watchdog to send US inspectors to Iranian sites if talks with Washington succeed, Tehran's nuclear chief said on Wednesday.

The US and Iran have held five rounds of nuclear talks since April 12 and are expected to meet again for negotiations aimed at reaching a new agreement. The two countries have been at odds over the level of uranium enrichment, which Washington argues is at weapons-grade level.

"It is normal that inspectors from hostile countries are not allowed, but if a nuclear deal is reached, we might allow American inspectors working for the International Atomic Energy Agency to visit our nuclear sites," Mohammed Eslami, head of the Atomic Energy Organisation of Iran, said during a press conference in Tehran.

Iran has repeatedly insisted its nuclear programme is for peaceful purposes only.

"Our position is legal and lawful, enrichment is the basis of the nuclear industry, it's like saying that a person can have an electricity substation but should not have a power plant," he said.

Last month, UN nuclear watchdog chief Rafael Grossi warned that Iran was "not far" from possessing a nuclear bomb. The International Atomic Energy Agency (IAEA) was tasked with overseeing Iran's nuclear programme and its compliance with the 2015 deal, which collapsed three years later when the US withdrew under President Donald Trump's first term.

Iranian and US delegations wrapped up a fifth round of talks in Rome last week. While signs of some limited progress emerged, there are many points of disagreement that are proving hard to overcome, notably the issue of Iran's uranium enrichment.

Asked about reports that Iran could freeze enrichment for three years to reach an agreement, Foreign Ministry spokesman Esmail Baghaei told a press conference: "Iran will never accept that."

Israel on Wednesday rejected a report in the New York Times that Prime Minister Benjamin Netanyahu has been threatening to block the US-Iran talks by striking Tehran's nuclear enrichment sites. Quoting Israeli officials, the report said they were concerned that Mr Trump would reach a deal that would allow Iran to keep its centres - a red line for Israel.

It added that Washington was concerned Israel would launch strikes, derailing efforts under way to reach a deal. Mr Netanyahu's office said the report was "fake news".

Israel and Iran have been long engaged in a shadow war with hostility culminating in direct attacks in April and October last year.

Iran's judiciary on Wednesday said it had executed a man convicted of spying for Israeli intelligence agency Mossad.

"After identification, arrest, and judicial proceedings against Pedram Madani, who was spying in favour of the Zionist regime, and following the complete process of criminal procedure and the final confirmation and upholding of the verdict by the Supreme Court, he was brought to justice and executed," the judiciary's Mizan Online reported.

His case follows a string of similar executions in Iran targeting people accused of collaborating with Israel.

Iran carries out annually, the highest number of executions globally after China, according to rights groups including Amnesty International.

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

Ireland v Denmark: The last two years

Denmark 1-1 Ireland 

7/06/19, Euro 2020 qualifier 

Denmark 0-0 Ireland

19/11/2018, Nations League

Ireland 0-0 Denmark

13/10/2018, Nations League

Ireland 1 Denmark 5

14/11/2017, World Cup qualifier

Denmark 0-0 Ireland

11/11/2017, World Cup qualifier

 

 

 

Updated: May 28, 2025, 12:00 PM