US Senate Republican leader McConnell says Trump 'provoked' deadly Capitol riot


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The supporters of Donald Trump who attacked the US Capitol were "provoked" by the president and "fed lies," Senate Republican Majority Leader Mitch McConnell said Tuesday.

Mr McConnell’s remarks are his most severe and public rebuke of the outgoing President Trump.

"The mob was fed lies," the senator from Kentucky said in a speech on the Senate floor. "They were provoked by the president and other powerful people.

"They tried to use fear and violence" to stop the certification by Congress of Democrat Joe Biden's November 3 election victory, Mr McConnell said.

"But we pressed on. We stood together and said an angry mob would not get veto power over the rule of law in our nation, not even for one night," he said.

Thousands of Trump supporters stormed the Capitol on January 6 following a speech by the president outside the White House in which he repeated his unsubstantiated claims of having won the election.

At least five people died in the mayhem.

The Democrat-controlled House of Representatives impeached Mr Trump on January 13 for "inciting insurrection" and he faces a potential trial in the Senate after he leaves office on Wednesday.

The votes of 17 Republican senators would be needed to convict Mr Trump in the Senate, and Mr McConnell has not ruled out voting for conviction.

Democrat Chuck Schumer is expected to take over as Senate Majority Leader on Wednesday but Mr McConnell will remain an influential voice in the Republican Party.

Speaking on the Senate floor, Mr Schumer also lashed out at Mr Trump for his role in whipping up the crowd that staged the violent takeover of the Capitol.

"Rioters, insurrectionists, white supremacists and domestic terrorists tried to prevent the transfer of power," he said. "They were incited by none other than the president of the United States."

Mr Biden would be sworn in as the 46th president of the United States on Wednesday "despite what these evil terrorists tried to do", said Mr Schumer.

"The peaceful passing of the torch will take place tomorrow as it has for generations," he said.

Mr Trump's term as president ends on Wednesday when Mr Biden is sworn in.

Mr Schumer added that if Mr Trump is convicted, the Senate would then vote on barring him from running again for president.

The candidates

Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

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.

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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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