Taliban pay the price for school massacre


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ISLAMABAD // At least 12 militants were killed on Saturday as Pakistan’s military’s pressed its offensive against the Taliban in response to the massacre of students at an army-run school last week.

At least five Taliban fighters were killed in two missile strikes by a US drone on a militant hideout in north-western Pakistan, security officials said.

In a separate operation, Pakistani security forces killed five “terrorists” on the outskirts of Peshawar, where the Pakistani Taliban killed 149 people, mainly children, in an attack on Tuesday.

The attack shocked the nation and prompted a massive military response in the tribal regions along the Afghan border, long-time strongholds of both foreign and local militants. Pakistani airstrikes and ground operations in the Khyber region – where the school attack is believed to have emanated – have killed around 200 militants so far.

“A US drone fired two missiles at a compound in Mada Khail neighbourhood of Datta Khail area in North Waziristan killing five militants,” a senior security official said. “The death toll is expected to rise.”

The men killed in the drone strike fought under local Pakistani Taliban commander Hafiz Gul Bahadur, officials said. It was not immediately clear if the drone strike was connected to the school massacre.

Pakistani troops have been carrying out a major operation against local and foreign militants in North Waziristan, one of the seven semi-autonomous tribal districts bordering Afghanistan, since June.

Police and paramilitary soldiers also killed two Pakistani Taliban militants in raids on suspected hideouts in Shabqadar, a town around 30 kilometres north of Peshawar.

“A soldier of the Frontier Corps and a policeman embraced martyrdom in an exchange of fire with militants in Mechani neighbourhood of Shabqadar Saturday morning,” a local police official said.

More than 50 suspected militants were killed in Pakistani military strikes on Friday and the two convicted militants were hanged after the government and military vowed a strong reponse to the school attack.

The hangings were the first to be carried out after Prime Minister Nawaz Sharif lifted a six-year moratorium on the execution of terror convicts two days after the army school was attacked.

Pakistan’s de facto foreign minister said the attack was a game changer in the country’s fight against terror, calling it his country’s own “mini 9/11”.

“This has shaken the entire Pakistani society to the core, and in many ways it’s a threshold in our strategy for countering terrorism,” , Sartaj Aziz said on Friday.

* Agence France-Press with additional reporting by Associated Press

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MATCH INFO

Aston Villa 1 (Konsa 63')

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Red card: Jon Egan (Sheffield United)

 

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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