US Secretary of Health and Human Services Alex Azar gestures while visiting a mask factory in the Wugu district of New Taipei City on August 12, 2020. Azar is in Taipei for a three-day visit. / AFP / POOL / Pei Chen
US Secretary of Health and Human Services Alex Azar gestures while visiting a mask factory in the Wugu district of New Taipei City on August 12, 2020. Azar is in Taipei for a three-day visit. / AFP / POOL / Pei Chen
US Secretary of Health and Human Services Alex Azar gestures while visiting a mask factory in the Wugu district of New Taipei City on August 12, 2020. Azar is in Taipei for a three-day visit. / AFP / POOL / Pei Chen
US Secretary of Health and Human Services Alex Azar gestures while visiting a mask factory in the Wugu district of New Taipei City on August 12, 2020. Azar is in Taipei for a three-day visit. / AFP /

China warns US against 'playing with fire' over Taiwan visit


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China warned Washington not to "play with fire" on Wednesday as a US delegation wrapped up a historic trip to the self-ruled island of Taiwan.

Beijing has been infuriated by the highest-profile visit in decades to Taiwan, which it sees as part of its territory, as US-China relations plunge to a record low over a range of issues from trade to military and the coronavirus pandemic.

Health chief Alex Azar finished a three-day visit to Taiwan, during which he criticised China's handling of the pandemic and visited the shrine of a former Taiwan president hated by the Communist Party leadership.

Beijing slammed the visit Wednesday and said it "firmly opposes official exchanges between the US and Taiwan under any pretext".

"On issues involving China's core interests, some people in the US must not harbour illusions, those who play with fire will get burned," said foreign ministry spokesman Zhao Lijian at a regular press briefing.

"I would also like to remind the Taiwan authorities not to be... subservient to others, to rely on the support of foreigners, and to be bent on pursuing independence, which is a dead end," Mr Zhao said.

Beijing insists that Taiwan - which has been self-ruled since 1949 - is part of "one China" and has vowed to react with force if it ever formally declares independence.

On the last day of the trip, Mr Azar visited a shrine to Taiwan's late president Lee Teng-hui Wednesday, praising his role in steering the island's transition to democracy.

The US cabinet member wrote a message of condolence for Lee, who died last month aged 97.

"President Lee's democratic legacy will forever propel the US-Taiwan relationship forward," Mr Azar wrote.

Mr Lee was a towering figure in Taiwan's recent history.

He defied China by pushing for the island to be recognised as a sovereign nation.

Beijing, which claims Taiwan as its own territory, loathed Mr Lee. When news emerged of his death, Chinese state media called him "the godfather of Taiwan secessionism".

Both Washington and Taipei portrayed Mr Azar's trip as an opportunity to learn from the success of Taiwan's battle against the coronavirus.

The island has fewer than 500 infections and just seven deaths, compared with more than 160,000 fatalities in the United States.

But the visit has also been an opportunity to ruffle Beijing's feathers at a time when US President Donald Trump is taking an increasingly hard line against China as he seeks re-election in November.

"We will continue to support Taiwan as our friend and our partner across security, economic and healthcare issues," Mr Azar told reporters after a visit to a mask factory on Wednesday, shortly before flying back the the States.

China takes umbrage at any formal recognition of Taiwan.

It called for Mr Azar's trip to be cancelled and Taiwan accused Beijing of sending fighter jets over a de facto border on Monday, the day the US health chief met President Tsai Ing-wen.

During his visit Mr Azar has repeatedly contrasted Taiwan's open, democratic system with China's leadership.

Day 2, stumps

Pakistan 482

Australia 30/0 (13 ov)

Australia trail by 452 runs with 10 wickets remaining in the innings

The specs: Fenyr SuperSport

Price, base: Dh5.1 million

Engine: 3.8-litre twin-turbo flat-six

Transmission: Seven-speed automatic

Power: 800hp @ 7,100pm

Torque: 980Nm @ 4,000rpm

Fuel economy, combined: 13.5L / 100km

Our legal consultants

Name: Hassan Mohsen Elhais

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

UAE SQUAD

 

Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani

Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Mohammed Al Attas

Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah

Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue

Brighton 1
Gross (50' pen)

Tottenham 1
Kane (48)

The Al Barzakh Festival takes place on Wednesday and Thursday at 7.30pm in the Red Theatre, NYUAD, Saadiyat Island. Tickets cost Dh105 for adults from platinumlist.net

The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A
How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

The five pillars of Islam
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

Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,200m. Winner: Majd Al Megirat, Sam Hitchcott (jockey), Ahmed Al Shehhi (trainer)

5.30pm: Handicap (PA) Dh80,000 (T) 1,600m. Winner: Dassan Da, Patrick Cosgrave, Helal Al Alawi

6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Heba Al Wathba, Richard Mullen, Jean de Roualle

6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m. Winner: Jawal Al Reef, Richard Mullen, Ahmed Al Mehairbi

Handicap (TB) Dh100,000 (T) 2,200m. Winner: Harbour Spirit, Adrie de Vries, Jaber Ramadhan.

COMPANY%20PROFILE
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