• ITALY RATINGS: Gianluigi Donnarumma - 6. Displayed excellent reflexes to tip a Bellingham shot over the bar in the 12th minute. Had next to nothing to do in the second half. AFP
    ITALY RATINGS: Gianluigi Donnarumma - 6. Displayed excellent reflexes to tip a Bellingham shot over the bar in the 12th minute. Had next to nothing to do in the second half. AFP
  • Giovanni Di Lorenzo - 4. Carelessly handled the ball while challenging Kane to give the Three Lions a penalty. Reuters
    Giovanni Di Lorenzo - 4. Carelessly handled the ball while challenging Kane to give the Three Lions a penalty. Reuters
  • Leonardo Spinazzola - 5. Endured a torrid first half against the in-form Bukayo Saka. Had very little defensive work to do in the second half but got forward well to support in attack. Getty Images
    Leonardo Spinazzola - 5. Endured a torrid first half against the in-form Bukayo Saka. Had very little defensive work to do in the second half but got forward well to support in attack. Getty Images
  • Rafael Toloi - 5 Gave Rice too much space to get a shot off and give England the lead in the 13th minute. Looked more solid after that early gaffe. Getty Images
    Rafael Toloi - 5 Gave Rice too much space to get a shot off and give England the lead in the 13th minute. Looked more solid after that early gaffe. Getty Images
  • Francesco Acerbi - 6. A quiet game for Acerbi in the middle of Italy's backline. Stuck to his job well and had a half chance to draw Italy level in the second half. EPA
    Francesco Acerbi - 6. A quiet game for Acerbi in the middle of Italy's backline. Stuck to his job well and had a half chance to draw Italy level in the second half. EPA
  • Nicolo Barella - 6. His combative spirit saw him get into a number of scuffles in the first half. A tireless runner, but he lacked that bit of quality to provide the final pass to breach England’s backline. AP
    Nicolo Barella - 6. His combative spirit saw him get into a number of scuffles in the first half. A tireless runner, but he lacked that bit of quality to provide the final pass to breach England’s backline. AP
  • Jorginho - 5. Worked hard at the base of Italy’s midfield but got overrun by England's more athletic midfielders in the first half. Improved in the second half. AFP
    Jorginho - 5. Worked hard at the base of Italy’s midfield but got overrun by England's more athletic midfielders in the first half. Improved in the second half. AFP
  • Marco Verrati - 7. Played a brilliant pass to find Pellegrini in the box early in the second half. Helped Italy win the midfield battle after the break. EPA
    Marco Verrati - 7. Played a brilliant pass to find Pellegrini in the box early in the second half. Helped Italy win the midfield battle after the break. EPA
  • Domenico Berardi - 5. Struggled against Shaw and failed to provide much of a threat to Pickford’s goal. Getty Images
    Domenico Berardi - 5. Struggled against Shaw and failed to provide much of a threat to Pickford’s goal. Getty Images
  • Lorenzo Pellegrini - 7. Delivered two dangerous corners to cause panic in the England penalty area at the beginning of the second half. Found Rategui with a disguised pass to bring the Azzurri back into the game. Getty Images
    Lorenzo Pellegrini - 7. Delivered two dangerous corners to cause panic in the England penalty area at the beginning of the second half. Found Rategui with a disguised pass to bring the Azzurri back into the game. Getty Images
  • Mateo Retegui - 8. Should have at least tested Pickford from a corner in the sixth minute. Capped off his debut with a side-footed finish into the bottom corner to bring Italy back into the game. EPA
    Mateo Retegui - 8. Should have at least tested Pickford from a corner in the sixth minute. Capped off his debut with a side-footed finish into the bottom corner to bring Italy back into the game. EPA
  • SUBS: Matteo Politano (Berardi, 62) - 6. Almost got on the end of a Gnonto cross in the 77th minute. Getty Images
    SUBS: Matteo Politano (Berardi, 62) - 6. Almost got on the end of a Gnonto cross in the 77th minute. Getty Images
  • Bryan Cristante (Barrela, 62) - 6. Worked hard after coming on but couldn't help Italy grab the equaliser. Getty Images
    Bryan Cristante (Barrela, 62) - 6. Worked hard after coming on but couldn't help Italy grab the equaliser. Getty Images
  • Wilfred Gnonto (Pellegrini, 69) - 7. Came on and caused a lot of problems for England on the right-hand side. Getty Images
    Wilfred Gnonto (Pellegrini, 69) - 7. Came on and caused a lot of problems for England on the right-hand side. Getty Images
  • Sandro Tonali (Jorginho, 69) - 6. Denied by a Stones block in the 75th minute. Added an extra body to the Azzurri midfield to help the dominate the game in the second half. Getty Images
    Sandro Tonali (Jorginho, 69) - 6. Denied by a Stones block in the 75th minute. Added an extra body to the Azzurri midfield to help the dominate the game in the second half. Getty Images
  • ENGLAND RATINGS: Jordan Pickford - 6. Displayed his sweeper-keeper role to deny Berardi in the 30th minute. Made two decent saves to deny Italy an equaliser. Getty Images
    ENGLAND RATINGS: Jordan Pickford - 6. Displayed his sweeper-keeper role to deny Berardi in the 30th minute. Made two decent saves to deny Italy an equaliser. Getty Images
  • Kyle Walker - 6. Had a good game against Pellegrini in the first half but really struggled against the more tricky Gnonto as Italy piled on the pressure in search of an equaliser. Getty Images
    Kyle Walker - 6. Had a good game against Pellegrini in the first half but really struggled against the more tricky Gnonto as Italy piled on the pressure in search of an equaliser. Getty Images
  • Luke Shaw - 5. Defended and attacked well in the first half. Picked up a first yellow card for time wasting in the 78th minute and just a minute later, picked up a second booking for a foul. EPA
    Luke Shaw - 5. Defended and attacked well in the first half. Picked up a first yellow card for time wasting in the 78th minute and just a minute later, picked up a second booking for a foul. EPA
  • Harry Maguire - 4. At fault for Italy’s first goal as he made a misplaced pass, needlessly jumped in to foul Barella whilst trying to recover the ball, and left Rategui in acres of space to bring the Azzurri back into the game. Looked shaky as the Italy piled on the pressure. Getty Images
    Harry Maguire - 4. At fault for Italy’s first goal as he made a misplaced pass, needlessly jumped in to foul Barella whilst trying to recover the ball, and left Rategui in acres of space to bring the Azzurri back into the game. Looked shaky as the Italy piled on the pressure. Getty Images
  • John Stones - 7. Made a good last-man block to deny Retegui in the 39th minute. Made a number of last-ditch blocks to deny Italy in the second half and looked like the more assured defender next to Maguire. AFP
    John Stones - 7. Made a good last-man block to deny Retegui in the 39th minute. Made a number of last-ditch blocks to deny Italy in the second half and looked like the more assured defender next to Maguire. AFP
  • Declan Rice - 9. Had a very busy start to the game with Italy applying early pressure. Gave England the lead with a close-range left-footed finish in the 13th minute. Made a well-timed sliding challenge to stop Barella at the edge of the box in the 27th minute. AP Photo
    Declan Rice - 9. Had a very busy start to the game with Italy applying early pressure. Gave England the lead with a close-range left-footed finish in the 13th minute. Made a well-timed sliding challenge to stop Barella at the edge of the box in the 27th minute. AP Photo
  • Jude Bellingham - 6. Tested Donnarumma with a rasping shot in the 12th minute. Enjoyed a lively first half but struggled to get involved in the second. Getty Images
    Jude Bellingham - 6. Tested Donnarumma with a rasping shot in the 12th minute. Enjoyed a lively first half but struggled to get involved in the second. Getty Images
  • Kalvin Philips - 6. Had a chance to play Kane through on goal but chose to shoot and hit his shot wide in the 32nd minute. Provided good cover for the Three Lions backline next to Rice. AP Photo
    Kalvin Philips - 6. Had a chance to play Kane through on goal but chose to shoot and hit his shot wide in the 32nd minute. Provided good cover for the Three Lions backline next to Rice. AP Photo
  • Jack Grealish - 5. Inexplicably missed an open goal when Kane found him with a low cross in the 46th minute. Failed to really get into the game in the second half. Getty Images
    Jack Grealish - 5. Inexplicably missed an open goal when Kane found him with a low cross in the 46th minute. Failed to really get into the game in the second half. Getty Images
  • Bukayo Saka - 7. Had England's first shot on target with a tame shot in the eighth minute. Was a thorn in the flesh of Spinazzola all through the game. AP Photo
    Bukayo Saka - 7. Had England's first shot on target with a tame shot in the eighth minute. Was a thorn in the flesh of Spinazzola all through the game. AP Photo
  • Harry Kane - 8. His blocked shot from close range ricochetted into the path of Rice to give England the lead. Became England’s top scorer from the penalty spot on the stroke of half-time. Getty Images
    Harry Kane - 8. His blocked shot from close range ricochetted into the path of Rice to give England the lead. Became England’s top scorer from the penalty spot on the stroke of half-time. Getty Images
  • SUBS: Phil Foden (Grealish, 69) - N/A. Surprisingly subbed off early in the 81st minute due to a red card to Shaw. Getty Images
    SUBS: Phil Foden (Grealish, 69) - N/A. Surprisingly subbed off early in the 81st minute due to a red card to Shaw. Getty Images
  • Kieran Trippier (Foden, 81) - N/A. Came on to try and help England close out the game with 10 men. EPA
    Kieran Trippier (Foden, 81) - N/A. Came on to try and help England close out the game with 10 men. EPA
  • Reece James (Saka, 85) - N/A. A solid short cameo as Southgate looked to hold on for the win. Getty Images
    Reece James (Saka, 85) - N/A. A solid short cameo as Southgate looked to hold on for the win. Getty Images
  • Conor Gallagher (Bellingham, 85) - N/A. Wonderful cameo. Was everywhere, breaking up play, tidying up. Getty Images
    Conor Gallagher (Bellingham, 85) - N/A. Wonderful cameo. Was everywhere, breaking up play, tidying up. Getty Images

Italy v England player ratings: Retegui 8, Di Lorenzo 4; Kane 8, Shaw 5


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Harry Kane described his 54th international goal as a "magical moment" as he became England's all-time leading goalscorer in a 2-1 Euro 2024 qualifying win away to Italy on Thursday.

The Tottenham striker banished memories of his crucial penalty miss in the Three Lions' World Cup quarter-final defeat by France in December by smashing home a spot-kick just before half-time to give the visitors a 2-0 lead in Naples.

"It had to be a penalty, and once it hit the back of the net, huge emotion," Kane told Channel 4. "A magical moment."

On his 81st international appearance, the England captain moved clear of Wayne Rooney's tally of 53 goals for the Three Lions.

"I knew it wouldn't take long but that was quick," Rooney posted on Twitter. "Great man, unbelievable goalscorer and an England legend. Congrats Harry."

DUBAI WORLD CUP CARNIVAL CARD

6.30pm Handicap US$135,000 (Turf) 2,410m

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

9.25pm Handicap $135,000 (D) 2,000m

 

The National selections

6.30pm: Gifts Of Gold

7.05pm Final Song

7.40pm Equilateral

8.15pm Dark Of Night

8.50pm Mythical Magic

9.25pm Franz Kafka

While you're here
What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

Spider-Man: No Way Home

Director: Jon Watts

Stars: Tom Holland, Zendaya, Jacob Batalon 

Rating:*****

match info

Athletic Bilbao 1 (Muniain 37')

Atletico Madrid 1 (Costa 39')

Man of the match  Iker Muniain (Athletic Bilbao)

%3Cp%3EMATA%0D%3Cbr%3EArtist%3A%20M.I.A%0D%3Cbr%3ELabel%3A%20Island%0D%3Cbr%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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Austrian Grand Prix race timings

Weekend schedule for Austrian Grand Prix - all timings UAE

Friday

Noon-1.30pm First practice

4-5.30pm Second practice

Saturday

1-2pm Final practice

4pm Qualifying

Sunday

4pm Austrian Grand Prix (71 laps)

THE%20HOLDOVERS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAlexander%20Payne%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Paul%20Giamatti%2C%20Da'Vine%20Joy%20Randolph%2C%20Dominic%20Sessa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000 

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
SPECS
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WITHIN%20SAND
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Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

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

Company%20Profile
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India team for Sri Lanka series

Test squad: Rohit Sharma (captain), Priyank Panchal, Mayank Agarwal, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Shubhman Gill, Rishabh Pant (wk), KS Bharath (wk), Ravindra Jadeja, Jayant Yadav, Ravichandran Ashwin, Kuldeep Yadav, Sourabh Kumar, Mohammed Siraj, Umesh Yadav, Mohammed Shami, Jasprit Bumrah.

T20 squad: Rohit Sharma (captain), Ruturaj Gaikwad, Shreyas Iyer, Surya Kumar Yadav, Sanju Samson, Ishan Kishan (wk), Venkatesh Iyer, Deepak Chahar, Deepak Hooda, Ravindra Jadeja, Yuzvendra Chahal, Ravi Bishnoi, Kuldeep Yadav, Mohammed Siraj, Bhuvneshwar Kumar, Harshal Patel, Jasprit Bumrah, Avesh Khan

'Hocus%20Pocus%202'
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RESULTS
%3Cp%3E%0D%3Cstrong%3E1.45pm%3A%3C%2Fstrong%3E%20Green%20Oasis%20Trading%20%E2%80%93%20Maiden%20(PA)%20Dh50%2C000%20(Dirt)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Meeqat%2C%20Saif%20Al%20Balushi%20(jockey)%2C%20Khalifa%20Al%20Neyadi%20(trainer)%0D%3Cbr%3E%3Cstrong%3E2.15pm%3A%20%3C%2Fstrong%3EAl%20Shafar%20Investment%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Flying%20Hunter%2C%20Ray%20Dawson%2C%20Ahmad%20bin%20Harmash%0D%3Cbr%3E%3Cstrong%3E2.45pm%3A%20%3C%2Fstrong%3EThe%20Union%2051%20Cup%20%E2%80%93%20Handicap%20(TB)%20Dh84%2C000%20(D)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Ibra%20Attack%2C%20Adrie%20de%20Vries%2C%20Ahmed%20Al%20Shemaili%0D%3Cbr%3E%3Cstrong%3E3.15pm%3A%3C%2Fstrong%3E%20ASCANA%20Thakaful%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C200m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Onda%20Ruggente%2C%20Royston%20Ffrench%2C%20Salem%20bin%20Ghadayer%0D%3Cbr%3E%3Cstrong%3E3.45pm%3A%20%3C%2Fstrong%3ECommercial%20Bank%20of%20Dubai%20%E2%80%93%20Handicap%20(TB)%20Dh76%2C000%20(D)%201%2C200m%0D%3Cbr%3EWinner%3A%20Dignity%20Joy%2C%20Antonio%20Fresu%2C%20Musabah%20Al%20Muhairi%0D%3Cbr%3E%3Cstrong%3E4.15pm%3A%20%3C%2Fstrong%3EDubai%20Real%20Estate%20Centre%20%E2%80%93%20Handicap%20(TB)%20Dh76%2C000%20(D)%201%2C600m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Tolmount%2C%20Xavier%20Ziani%2C%20Salem%20bin%20Ghadayer%0D%3Cbr%3E%3Cstrong%3E4.45pm%3A%20%3C%2Fstrong%3EJebel%20Ali%20Racecourse%20%E2%80%93%20Handicap%20(TB)%20Dh84%2C000%20(D)%201%2C950m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%20%3C%2Fstrong%3ERakeez%2C%20Tadhg%20O%E2%80%99Shea%2C%20Bhupat%20Seemar%3C%2Fp%3E%0A
Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

'The Lost Daughter'

Director: Maggie Gyllenhaal

Starring: Olivia Colman, Jessie Buckley, Dakota Johnson

Rating: 4/5

Updated: March 24, 2023, 3:52 AM