• A worsening drought has revealed a four-decade-old body dumped in a US lake, police said, warning that falling water levels would lead to the uncovering of more corpses. AFP
    A worsening drought has revealed a four-decade-old body dumped in a US lake, police said, warning that falling water levels would lead to the uncovering of more corpses. AFP
  • Boaters on Lake Mead near Las Vegas discovered a corroded barrel with its sinister contents during a weekend pleasure trip. AFP
    Boaters on Lake Mead near Las Vegas discovered a corroded barrel with its sinister contents during a weekend pleasure trip. AFP
  • Detectives probing the mystery say the contents of the container point to its having been in the huge reservoir since the 1980s. (Southern Nevada Water Authority / AP
    Detectives probing the mystery say the contents of the container point to its having been in the huge reservoir since the 1980s. (Southern Nevada Water Authority / AP
  • The Hoover dam is seen from Lake Mead, the nation's largest reservoir which has reached its lowest water levels on record since it was created by damming the Colorado River in the 1930s. Reuters
    The Hoover dam is seen from Lake Mead, the nation's largest reservoir which has reached its lowest water levels on record since it was created by damming the Colorado River in the 1930s. Reuters
  • The sun sets on the shrinking Lake Mead. Reuters
    The sun sets on the shrinking Lake Mead. Reuters
  • A person looks at the white ring of mineralized stone indicating the drop in water levels near the Hoover Dam at Lake Mead National Recreation Area in Boulder City, Nevada. EPA
    A person looks at the white ring of mineralized stone indicating the drop in water levels near the Hoover Dam at Lake Mead National Recreation Area in Boulder City, Nevada. EPA
  • A view of the Hoover Dam, near Boulder City, Arizona. EPA
    A view of the Hoover Dam, near Boulder City, Arizona. EPA
  • Low water levels due to drought are seen in the Hoover Dam reservoir of Lake Mead near Las Vegas, Nevada. Reuters
    Low water levels due to drought are seen in the Hoover Dam reservoir of Lake Mead near Las Vegas, Nevada. Reuters
  • Hydroelectric power generation equipment at the bottom of the Hoover Dam during the western drought. AFP
    Hydroelectric power generation equipment at the bottom of the Hoover Dam during the western drought. AFP
  • The Lake Mead reservoir formed by the Hoover Dam on the Nevada-Arizona border provides water to the Southwest, including nearby Las Vegas as well as Arizona and California, but has remained below full capacity since 1983 due to increased water demand and drought. AFP
    The Lake Mead reservoir formed by the Hoover Dam on the Nevada-Arizona border provides water to the Southwest, including nearby Las Vegas as well as Arizona and California, but has remained below full capacity since 1983 due to increased water demand and drought. AFP

Body in barrel found near Las Vegas in drought-shrunken Lake Mead


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A barrel containing human remains was found in the receding shoreline of Lake Mead near Las Vegas, Nevada and more bodies are likely to be exposed in the giant reservoir as drought continues to send the water level to record lows, police said on Monday.

The heavily corroded barrel, resembling an industrial storage drum as pictured in a photograph posted online by local CBS News affiliate KLAS-TV, was spotted by boaters on Sunday, the Las Vegas Metropolitan Police Department said.

Investigators suspect the individual whose remains were inside the container was killed in the 1980s based on personal items found with the barrel, police homicide detective Lieutenant Ray Spencer said.

"I would say there is a very good chance as the water level drops that we are going to find additional human remains" at the bottom of the reservoir, Mr Spencer said in an interview with KLAS.

Spencer told KLAS that police would seek assistance from experts at the University of Nevada, Las Vegas, "because we're going to need scientists to weigh in and kind of give us some estimate on how long that person has actually been in the barrel”.

"It's going to take an extensive amount of work," he said.

The remains were discovered on the grounds of Lake Mead National Recreation Area, administered by the National Park Service, and the Clark County Medical Examiner was contacted to determine the cause of death, the agency said in a release.

The barrel in question was found partially buried in a portion of the lake bed newly laid bare by receding waters of the reservoir, the largest in the US, formed in the 1930s by construction of the Hoover Dam on the Colorado River at the Nevada-Arizona border.

Results:

Men's wheelchair 800m T34: 1. Walid Ktila (TUN) 1.44.79; 2. Mohammed Al Hammadi (UAE) 1.45.88; 3. Isaac Towers (GBR) 1.46.46.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

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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Updated: June 20, 2023, 12:01 PM