• A drone approaches for an attack in Kyiv on October 17, 2022, amid the Russian invasion of Ukraine. (Photo by Yasuyoshi CHIBA / AFP)
    A drone approaches for an attack in Kyiv on October 17, 2022, amid the Russian invasion of Ukraine. (Photo by Yasuyoshi CHIBA / AFP)
  • A Ukrainian serviceman takes cover as an air-raid siren sounds during a Russian drone strike in Kyiv, Ukraine. Reuters
    A Ukrainian serviceman takes cover as an air-raid siren sounds during a Russian drone strike in Kyiv, Ukraine. Reuters
  • Bec Shanks riding Alligator Blood, second left, alongside the Waterhouse and Bott racing team during a beach trackwork session at Altona beach in Melbourne, Australia. Getty
    Bec Shanks riding Alligator Blood, second left, alongside the Waterhouse and Bott racing team during a beach trackwork session at Altona beach in Melbourne, Australia. Getty
  • Workers clean mud outside houses in the suburb of Maribyrnong in Melbourne, Australia. The ADF has been called in to help flood victims in Victoria, as authorities are predicting that more than 7,500 proprieties could be affected. EPA
    Workers clean mud outside houses in the suburb of Maribyrnong in Melbourne, Australia. The ADF has been called in to help flood victims in Victoria, as authorities are predicting that more than 7,500 proprieties could be affected. EPA
  • Boats are parked at a Shasta Lake marina in Lakehead, California. Shasta Lake currently sits at 32 per cent of its capacity as drought conditions persist. AFP
    Boats are parked at a Shasta Lake marina in Lakehead, California. Shasta Lake currently sits at 32 per cent of its capacity as drought conditions persist. AFP
  • Children exercise on the banks of the Yamuna River near the Taj Mahal in Agra at sunrise. AFP
    Children exercise on the banks of the Yamuna River near the Taj Mahal in Agra at sunrise. AFP
  • Lightning strikes during a thunderstorm in Al Yaman camp for people internally-displaced by conflict north of Syria's rebel-held north-western city of Idlib. AFP
    Lightning strikes during a thunderstorm in Al Yaman camp for people internally-displaced by conflict north of Syria's rebel-held north-western city of Idlib. AFP
  • A dummy target is exploded by mines laid by the Indian Navy, as a part of rehearsals for the upcoming defence equipment exhibition at the Sabarmati Riverfront in Ahmedabad. AFP
    A dummy target is exploded by mines laid by the Indian Navy, as a part of rehearsals for the upcoming defence equipment exhibition at the Sabarmati Riverfront in Ahmedabad. AFP
  • A herd of sheep near the coal-fired power plant Neurath run by RWE and wind turbines in Lutzerath, western Germany. German multinational energy company RWE plans to demolish houses in the village of Lutzerath for coal mining. AFP
    A herd of sheep near the coal-fired power plant Neurath run by RWE and wind turbines in Lutzerath, western Germany. German multinational energy company RWE plans to demolish houses in the village of Lutzerath for coal mining. AFP
  • French police use spray against protesters during a rally against the soaring cost of living and climate inaction called by French left-wing coalition NUPES (New People's Ecologic and Social Union) in Paris. AFP
    French police use spray against protesters during a rally against the soaring cost of living and climate inaction called by French left-wing coalition NUPES (New People's Ecologic and Social Union) in Paris. AFP
  • Tanks take part in the annual land operation exercise of the German armed forces in Bergen, northern Germany. EPA
    Tanks take part in the annual land operation exercise of the German armed forces in Bergen, northern Germany. EPA
  • Paris Saint-Germain's Neymar Junior, front, with his father Neymar Senior, to his left, former Barcelona president Sandro Rosell, left and ex-Barca president Josep Maria Bartomeu, second left, at the first day of a trial over alleged irregularities in his transfer to the Catalans nearly a decade ago. AFP
    Paris Saint-Germain's Neymar Junior, front, with his father Neymar Senior, to his left, former Barcelona president Sandro Rosell, left and ex-Barca president Josep Maria Bartomeu, second left, at the first day of a trial over alleged irregularities in his transfer to the Catalans nearly a decade ago. AFP

World

Today's best photos: from Kamikaze drones to Neymar in court

'The National' picks the most striking images from around the world

The National

October 17, 2022

  • English
  • Arabic

More from The National:

Sunday's best photos: from China's Communist Party Congress to flooding in Australia

Saturday's best photos: from film premiere selfies in London to climate protests in DC

Friday's best photos: from the Frieze Art Fair to US-Mexico border wall

Thursday's best photos: from a nuclear submarine to leaders playing table tennis

Wednesday's best photos: from a posing dog to the French Spiderman

Tuesday's best photos: from horses at sunset to autumn colours over a Canadian lake

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

While you're here
More on Turkey's Syria offence

PFA Team of the Year: David de Gea, Kyle Walker, Jan Vertonghen, Nicolas Otamendi, Marcos Alonso, David Silva, Kevin De Bruyne, Christian Eriksen, Harry Kane, Mohamed Salah, Sergio Aguero

Sri Lanka's T20I squad

Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.

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

MATCH INFO

Leeds United 0

Brighton 1 (Maupay 17')

Man of the match: Ben White (Brighton)

Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months
Updated: October 17, 2022, 11:57 AM
Photography