The antics of challenger Tyson Fury, right, was able to coax a smile out of champion Wladimir Klitschko. Martin Meissner / AP Photo
The antics of challenger Tyson Fury, right, was able to coax a smile out of champion Wladimir Klitschko. Martin Meissner / AP Photo
The antics of challenger Tyson Fury, right, was able to coax a smile out of champion Wladimir Klitschko. Martin Meissner / AP Photo
The antics of challenger Tyson Fury, right, was able to coax a smile out of champion Wladimir Klitschko. Martin Meissner / AP Photo

Wladimir Klitschko shares some respect with Tyson Fury ahead of title bout


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BERLIN // Tyson Fury’s promise to end Wladimir Klitschko’s long heavyweight reign at Dusseldorf on Saturday is nothing the defending champion has not heard before.

Unbeaten in 22 fights since April 2004, when he lost by TKO to Lamon Brewster in Las Vegas, Klitschko has heard a succession of challengers talk up their chances before he answered them in the ring.

Bryant Jennings, Alexander Povetkin, Mariusz Wach, David Haye and Ruslan Chagaev have all come and gone, among a list of fighters to have their pretensions to his throne rudely dismissed.

None serenaded Klitschko before their bout, however, as Fury did Wednesday with his own version of the Bette Midler tune Wind Beneath My Wings.

The Briton goaded him during their staredown the day before, asking for a smile – “let’s see those teeth” – and complimenting him on the way he smells.

He coaxed the flicker of a smile from Klitschko, who otherwise remained impassively still.

Fury’s antics, including one news conference in England where dressed up as Batman and wrestled a man wearing a Joker costume, have added another level of intrigue to tomorrow’s fight.

Boxing fans delight in the entertainment factor Fury provides, though it remains to be seen if he will be able to do the business in the ring, too.

Unbeaten in 24 professional fights, including 18 knockouts, the 2.09-metre-tall Fury has seen off the likes of compatriot Dereck Chisora (twice) and American Steve Cunningham.

He is a former British, Irish, European and Commonwealth champion, but Klitschko will provide by far his biggest challenge with the 39-year-old Ukrainian’s WBA, WBO and IBF and IBO belts on the line.

“He’s done a lot of things in boxing,” Fury said in a recent interview at his gym in Bolton, north-west England. “He’s achieved the ultimate in heavyweight history, really. Twenty-six title defences; he’s equalled Joe Louis’s record. Pity he’s not going to be able to beat it. He’s the great Wladimir Klitschko. But the gravy train stops.”

The unmistakable respect is mutual.

Klitschko, whose record is 64 wins with 53 knockouts from 67 fights, said Fury’s admission that he was nervous showed he was “well-prepared and alert”.

“It’s good to be nervous,” Klitschko said. “I’m nervous before every fight. I have to confront it. This is fact.” The 1.98-metre Klitschko will be in the unusual position of facing someone taller, though Fury tends to crouch when he fights, giving away some of that advantage.

The fight was originally supposed to take place on October 24 but was postponed after Klitschko tore a tendon in his left calf during training.

“I didn’t believe this fight was going to happen for a long, long time. And he’s proved me wrong. This fight is actually going to happen,” Fury, 27, said this week. “So, like I said, I’m coming and I’m coming very fast for you, Wlad.

“Hope you prepared well, and I know you will have done. Old guy, young guy, old champion, new champion. ‘Nuff said.”

A dispute over gloves still has to be settled.

The contract stipulates that Fury must wear Paffen gloves, which the Briton found were hurting his thumbs after training with them.

New gloves were designed but had yet to be delivered.

Born in Manchester, England, the deeply religious Fury is of Gypsy heritage and comes from a bloodline of bare-knuckle champions on both sides of his family.

His father, John, will be in his corner after being released on parole following his 2011 conviction for gouging a man’s eye out in a brawl ,and a large contingent from the family will be at Dusseldorf to support him.

Fury is coached by his uncle Peter, who said his nephew is in the best shape of his career.

“He’s the happiest I’ve seen him because he’s fighting for such a title,” Peter Fury said. “There’s going to be 55,000 people and to perform in front of those and people around the world, it’s what he revels in. He’s 110 per cent prepared.

“This is the stiffest test Wladimir Klitschko will have had in his career.”

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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