Around the world, even those of us who have never been to the United States often believe that we really know this great country of 350 million people. We watch American TV shows and movies, communicate on Apple laptops and social media from Facebook and Twitter to WhatsApp and others. We keep up with important news about what the US President Joe Biden is doing or America’s impact on the war in Ukraine, international affairs and the world economy. The English language is often a common bond and the American way of life seems so familiar. But is it really?
For many years I was a subscriber to the Washington Post. I lived in Washington and I thought the newspaper – along with the New York Times – was indispensable. It kept me informed about the city where I lived, about US politics and the wider world. More recently, when I stopped travelling regularly to the US, I rarely saw the Post. But in the past week, I’ve been reading it like an old friend, catching up on American news that I would otherwise miss – news which shows how profoundly different life really is on the other side of the Atlantic.
One of the stories that caught my eye was about a family whose young daughter is diabetic. When the family changed health insurance providers the new provider refused to cover the $1300 a month necessary for the young girl’s medicine. The family desperately needs to find the money.
Then in Tennessee two Democrat politicians were thrown out of the House of Representatives for protesting about the ease with which people in their state gain access to guns. The two lawmakers happen to be black. A white lawmaker who also took part in the protest was not penalised in this way. The gun control row came after a shooting at a Christian school in Tennessee where three children, two teachers and another staff member were murdered. The teachers were friends of the wife of the Tennessee governor. The other victims were the school’s janitor and three nine year olds. The heavily armed shooter was a woman called Audrey Elizabeth Hale.
It was reported she “had purchased seven guns from five gun stores at some point before the shooting. Hale’s parents told police that Hale was being treated by a doctor for an “emotional disorder” and that they were aware of only one gun.” I’m quoting these stories because they remind me that the US, the place I called home for eight years, the country after my own that I most admire, seems very foreign indeed – and increasingly so. And just this week, another shooting took place in Kentucky. This time, the shooter, a bank employee, killed five people and wounded eight others while he livestreamed the attack on social media.
We have problems with crime in the UK, although shootings are thankfully very rare. It is difficult to imagine that a person with an “emotional disorder” could easily obtain one gun never mind being able to buy seven guns from five gun stores. I do not know where to find any gun store in the UK nor do I know anyone who owns seven guns. Yes, we also have problems with health care in Britain, but I do not know of anyone whose child would be refused medication.
I grew up to admire so much of the greatness of American life. I’m still in awe of the creativity, the energy, the genius and the beauty...
And while we have problems with politics and racism across Europe, there is nothing quite like what has been happening in the Tennessee legislature.
As one of the expelled Democrats, Representative Justin Jones said: “The nation was able to see we don’t have democracy in Tennessee.” All these stories probably don’t make the international news but one which did is – to European eyes – just as exceptional.
It’s the exceptionally divisive case of the former US President Donald Trump and his appearance in court in New York. More than 74 million Americans voted for Mr Trump in 2020 and possibly in November 2024 they may have the chance to do so again. As the world knows, after a five year investigation, Mr Trump is the first sitting or former US president ever to be indicted for criminal offences.
There are endless rumours that more charges in different jurisdictions may appear – and other rumours that this will actually help Mr Trump become the Republican candidate for the presidency. The assumption of many legal and political commentators is that the divisive criminal process will inevitably slip way into the presidential election campaign, although what impact that may have by election day is impossible to figure out.
I grew up to admire so much of the greatness of American life. I’m still in awe of the creativity, the energy, the genius and the beauty of this most diverse half-continent of a country. I was always inspired by the resonant speeches of Abraham Lincoln and the nation Lincoln called “the last best hope of earth.”
Even so, much of American life right now – from gun violence to searing political divisions and the most expensive health care system on earth which delivers some of the worst outcomes – makes it difficult to believe in what used to be called the American Dream. I haven’t seen the Dream appearing much in the news this week. But I have seen a few nightmares.
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
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
SQUAD
Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Mohammed Al Shamsi, Bandar Al Ahbabi, Mohammed Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Saeed Ahmed, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoun Al Zaabi, Ali Saleh, Caio Canedo, Muhammed Jumah, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri
Top New Zealand cop on policing the virtual world
New Zealand police began closer scrutiny of social media and online communities after the attacks on two mosques in March, the country's top officer said.
The killing of 51 people in Christchurch and wounding of more than 40 others shocked the world. Brenton Tarrant, a suspected white supremacist, was accused of the killings. His trial is ongoing and he denies the charges.
Mike Bush, commissioner of New Zealand Police, said officers looked closely at how they monitored social media in the wake of the tragedy to see if lessons could be learned.
“We decided that it was fit for purpose but we need to deepen it in terms of community relationships, extending them not only with the traditional community but the virtual one as well," he told The National.
"We want to get ahead of attacks like we suffered in New Zealand so we have to challenge ourselves to be better."
WHEN TO GO:
September to November or March to May; this is when visitors are most likely to see what they’ve come for.
WHERE TO STAY:
Meghauli Serai, A Taj Safari - Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.
HOW TO GET THERE:
Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.
Spec%20sheet
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Dubai World Cup prize money
Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf – $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000
Simran
Director Hansal Mehta
Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey
Three stars
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine