Liz Cheney speaks during a press conference on the impeachment process at the US Capitol in Washington, DC, October 31, 2019. AFP
Liz Cheney speaks during a press conference on the impeachment process at the US Capitol in Washington, DC, October 31, 2019. AFP
Liz Cheney speaks during a press conference on the impeachment process at the US Capitol in Washington, DC, October 31, 2019. AFP
Liz Cheney speaks during a press conference on the impeachment process at the US Capitol in Washington, DC, October 31, 2019. AFP

Wave of Republicans express interest in impeaching Trump after Capitol riot


Patrick deHahn
  • English
  • Arabic

Several Republican senators and representatives, including Liz Cheney and Mitch McConnell, are calling for the impeachment of President Donald Trump after the deadly riot at the US Capitol last week.

The shift within the Republican Party marks a change from years of support for Mr Trump and he is now being called on to resign after a mob of his supporters attacked the Capitol last Wednesday.

Mr Trump spoke to a rally of supporters before hundreds of them stormed the legislative building in Washington as Congress members were certifying president-elect Joe Biden's electoral victory.

Five people, including a US Capitol Police officer, died in the violence.

"I will vote to impeach the president," Ms Cheney, a representative from Wyoming, said in a statement on Tuesday night.

The House is presenting an article of impeachment on the floor on Wednesday, charging Mr Trump with "incitement of insurrection".

Ms Cheney's decision, as the third most powerful Republican in the House, made waves in political circles.

"Much more will become clear in coming days and weeks, but what we know now is enough," she wrote.

"The president of the United States summoned this mob, assembled the mob and lit the flame of this attack. Everything that followed was his doing.

"There has never been a greater betrayal by a president of the United States of his office and his oath to the constitution."

Mr Trump continues to stand by his inflammatory comments from last week and has not taken responsibility for influencing the mob's actions at the Capitol.

"What I said was totally appropriate," he said on Tuesday.

Two other Republicans announced that they will also vote for Mr Trump's impeachment.

John Katko was the first Republican House member to declare his support for holding the president accountable.

"To allow the president of the United States to incite this attack without consequence is a direct threat to the future of our democracy,” Mr Katko said.

“For that reason, I cannot sit by without taking action. I will vote to impeach this president."

Adam Kinzinger, a representative from Illinois, added to Republican support for impeachment.

"There is no doubt in my mind that the president of the United States broke his oath of office and incited this insurrection," Mr Kinzinger said.

"I must consider: if these actions … are not worthy of impeachment, then what is an impeachable offence?" Mr Kinzinger said. "I will vote in favour of impeachment."

Also making waves is a report in The New York Times that says Mr McConnell is happy that the House is moving on impeachment.

The report says the Senate majority leader from Kentucky believes Mr Trump has committed impeachable offences.

Mr McConnell is upset with the president over the violence at the Capitol, CNN reports, and believes impeachment would help the party to distance itself from Mr Trump and move on.

Mr McConnell has not definitively decided whether to vote for impeachment, reports said.

If impeachment passes the House, it will have to be sent to the Senate by majority leader Nancy Pelosi to fully impeach the president.

Seven Republican representatives have introduced a bill to censure Mr Trump for his role in encouraging the violence last week. Brian Fitzpatrick from Pennsylvania led the effort, releasing the three-page document on Tuesday night.

The resolution would censure and condemn the president for “trying to unlawfully overturn the 2020 presidential election and violating his oath of office on January 6, 2021”.

President Andrew Jackson in 1834 was the first and only US leader to be censured.

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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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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Guide to intelligent investing
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