Businessman Andrei Yakunin is being held in Norway. Reuters
Businessman Andrei Yakunin is being held in Norway. Reuters
Businessman Andrei Yakunin is being held in Norway. Reuters
Businessman Andrei Yakunin is being held in Norway. Reuters

Son of Putin-linked Russian oligarch detained in Norway accused of flying drones


Simon Rushton
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The British-Russian son of a Vladimir Putin-linked oligarch has been arrested in Norway on charges of flying drones illegally in Svalbard.

Businessman Andrei Yakunin, the son of ex-Russian Railways chief Vladimir Yakunin, has been detained and will be held in custody for two weeks.

He is also accused of breaching sanctions, which came into force after Russia went to war against Ukraine, said Hedvig Moe, deputy chief of the Norwegian Police Security Service.

He was identified by Norwegian media after being arrested in Norway’s Arctic Archipelago of Svalbard.

His father was placed on the US sanctions list after Russia annexed Crimea in 2014.

At least seven Russian citizens have been detained over the past few weeks for flying drones or taking photographs of sensitive sites in Norway.

Under Norwegian law, it is prohibited for aircraft operated by Russian companies or citizens “to land on, take off from or fly over Norwegian territory”.

“It is not acceptable that foreign intelligence is flying drones over Norwegian airports. Russians are not allowed to fly drones in Norway,” Prime Minister Jonas Gahr Støre said.

“We do not want anyone to fly this type of craft over important installations in Norway.”

Norway’s domestic security agency took over investigations of drone sightings near key infrastructure sites hours after the airport in Bergen, the country’s second-largest city, briefly closed after drones were spotted.

Bergen Airport, which is near Norway’s main naval base, shut down at 6:30am when the area’s airspace was closed and reopened 2.5 hours later. Bergen police spokesman Ørjan Djuvik said several drone sightings were reported near the airport.

“There can also be observations that could be other phenomenon, for instance weather,” Mr Djuvik said. “We are sure that there is at least one.”

North of Bergen, a drone was reported near the small, domestic Foerde Airport, which also closed temporarily, Norwegian news agency NTB said.

Numerous drone sightings have been reported near offshore oil and gas platforms and other Norwegian infrastructure in recent months.

Airport operator Avinor told NRK on Tuesday that 50 possible drone observations have been reported at Norway’s civilian airports so far this year, 27 of them since July.

NTB said 17 and 14 drone sightings were reported in 2021 and 2020, respectively, while the number was 44 in 2019.

Other European nations heightened security around key energy, internet and power infrastructure following last month’s underwater explosions that ruptured two natural gas pipelines in the Baltic Sea that were built to deliver Russian gas to Germany.

The damaged Nord Stream pipelines off Sweden and Denmark discharged huge amounts of methane, a potent greenhouse gas, into the air.

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

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Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Updated: October 21, 2022, 3:19 PM