• Fireworks on the boardwalk at New York's historic Coney Island. Photo: Bob Jagendorf
    Fireworks on the boardwalk at New York's historic Coney Island. Photo: Bob Jagendorf
  • Face-painting is often a US holiday tradition. Photo: US National Archives
    Face-painting is often a US holiday tradition. Photo: US National Archives
  • The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities, this time in 2019 in Washington DC. Nara Photo by Jeffrey Reed.
    The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities, this time in 2019 in Washington DC. Nara Photo by Jeffrey Reed.
  • Washington Nationals Racing Presidents stop at the National Archives to shoot a new fourth-inning race introduction video, where they were met by US Archivist David Ferriero.
    Washington Nationals Racing Presidents stop at the National Archives to shoot a new fourth-inning race introduction video, where they were met by US Archivist David Ferriero.
  • Visitors read the US Constitution on display at the National Archives in Washington.
    Visitors read the US Constitution on display at the National Archives in Washington.
  • The skyrockets' red glare lights up the Washington Monument. Photo: Joseph Gruber
    The skyrockets' red glare lights up the Washington Monument. Photo: Joseph Gruber
  • The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities on July 4, 2019, in Washington DC. NARA Photo by Jeffrey Reed.
    The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities on July 4, 2019, in Washington DC. NARA Photo by Jeffrey Reed.
  • A man and his patriotic dog show their civic pride. Photo Faith Goble
    A man and his patriotic dog show their civic pride. Photo Faith Goble
  • Role players recreate a scene from 1776 for an audience outside Washington's National Archives. Photo: US National Archives
    Role players recreate a scene from 1776 for an audience outside Washington's National Archives. Photo: US National Archives
  • Disneyland's Space Mountain and an epic fireworks display. Photo: Don Sullivan
    Disneyland's Space Mountain and an epic fireworks display. Photo: Don Sullivan
  • The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities on July 4, 2019 in Washington DC. NARA Photo by Ted Chaffman.
    The National Archives celebrates Independence Day with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities on July 4, 2019 in Washington DC. NARA Photo by Ted Chaffman.
  • Costumed role players participate in Washington's Independence Day tradition. Photo: US National Archives
    Costumed role players participate in Washington's Independence Day tradition. Photo: US National Archives
  • Independence Day in the US is celebrated from coast to coast. Photo: US Army
    Independence Day in the US is celebrated from coast to coast. Photo: US Army
  • Flag-bearing Fourth of July revellers rumble through the streets of middle America. Photo: Ken Mattison
    Flag-bearing Fourth of July revellers rumble through the streets of middle America. Photo: Ken Mattison
  • Macy's department store hosts one of the nation's largest displays of fireworks on New York's East River. Photo: Dan Nguyen
    Macy's department store hosts one of the nation's largest displays of fireworks on New York's East River. Photo: Dan Nguyen
  • A four-legged American shows its colours. Photo: Randy Robertson
    A four-legged American shows its colours. Photo: Randy Robertson
  • Parades throughout the streets of America are a Fourth of July tradition and give classic car owners a chance to strut their stuff. Photo: Robert Couse-Baker
    Parades throughout the streets of America are a Fourth of July tradition and give classic car owners a chance to strut their stuff. Photo: Robert Couse-Baker
  • Residents of Berkeley, California, enjoy an evening of pyrotechnics. Photo: Daniel Parks
    Residents of Berkeley, California, enjoy an evening of pyrotechnics. Photo: Daniel Parks
  • A giant bald eagle balloon makes its way through Washington and past the National Archives. Photo: US National Archives
    A giant bald eagle balloon makes its way through Washington and past the National Archives. Photo: US National Archives
  • The National Archives hosts an annual Independence Day celebration with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities. Photo: US National Archives
    The National Archives hosts an annual Independence Day celebration with musical performances, a dramatic reading of the Declaration of Independence, and history-related family activities. Photo: US National Archives
  • An air dancer by the National Archives on the Fourth of July in Washington. Photo: US National Archives
    An air dancer by the National Archives on the Fourth of July in Washington. Photo: US National Archives
  • The National Mall, with Washington monuments and the US Capitol in the background, forms a beautiful and patriotic backdrop to America's Independence Day celebrations. Photo: Carol Highsmith
    The National Mall, with Washington monuments and the US Capitol in the background, forms a beautiful and patriotic backdrop to America's Independence Day celebrations. Photo: Carol Highsmith

July 4: America set for day of fireworks and hotdogs on Independence Day 2022


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Independence Day, also known as the Fourth of July, marks the date in 1776 when the 13 original colonies of North America officially declared themselves to be free from the British Crown in an event that is considered to be America's birthday.

The date has been a public holiday since 1941, and this year the US will celebrate the day with patriotic events including spectacular fireworks displays, parades, picnics and barbeques on a scale not seen since before the Covid-19 pandemic.

What US events are planned for 4th July 2022?

In Washington, the Fourth of July parade is back for the first time since 2019, and the US capital's Mayor, Muriel Bowser, invited locals and visitors to join her on the walk along a flag-festooned National Mall.

Also in Washington this weekend is the Smithsonian Folklife Festival, which features stands and displays showing Emirati culture in the Living Landscape, Living Memory exhibition.

Public celebrations in Washington were all but cancelled in 2020 as the pandemic raged but returned on a small scale last year.

In New York, a hot-dog-eating contest sees contestants gulping down as many sausages and buns as they can in 10 minutes.

The defending champ and men's record holder is Joey Chestnut, who managed 76 hot dogs in 2020. The top woman is Michelle Lesco, who ate 30.75 hot dogs at last year's event.

Not happening in Washington in 2022: a repeat of the military parade that former president Donald Trump ordered for 2019, in which F-18s flew over DC and tanks thundered down its streets.

The cost of the extravaganza raised eyebrows in Washington and locals in the heavily Democrat city worried it was more like a “Make America Great Again” rally than a joyful celebration of the nation's founding.

  • In this July 4, 1971 photo, President Richard Nixon signs the Constitution's newest amendment which guarantees 18-year-olds the right to vote in all elections. AP Photo
    In this July 4, 1971 photo, President Richard Nixon signs the Constitution's newest amendment which guarantees 18-year-olds the right to vote in all elections. AP Photo
  • In this July 4, 1981 photo, US President Jimmy Carter, his wife Rosalynn Carter, right, and daughter Amy Carter, wave to the crowd along Peachtree Street as they lead a parade through the streets in Atlanta. AP Photo
    In this July 4, 1981 photo, US President Jimmy Carter, his wife Rosalynn Carter, right, and daughter Amy Carter, wave to the crowd along Peachtree Street as they lead a parade through the streets in Atlanta. AP Photo
  • In this July 4, 1984, photo, President Ronald Reagan congratulates stock car driver Richard Petty, who won the Firecracker 400 race at the Daytona International Speedway in Daytona Beach, Fla. (AP Photo/Ira Schwarz, File)
    In this July 4, 1984, photo, President Ronald Reagan congratulates stock car driver Richard Petty, who won the Firecracker 400 race at the Daytona International Speedway in Daytona Beach, Fla. (AP Photo/Ira Schwarz, File)
  • In this July 4, 1996 photo, President Bill Clinton, right, watches a young American Bald Eagle named Freedom being released into the wild. AP Photo
    In this July 4, 1996 photo, President Bill Clinton, right, watches a young American Bald Eagle named Freedom being released into the wild. AP Photo
  • In this July 4, 2001 photo, President George W Bush celebrates the Fourth of July holiday in Philadelphia and poses with that city's baseball mascot, the Philly Phanatic. AP Photo
    In this July 4, 2001 photo, President George W Bush celebrates the Fourth of July holiday in Philadelphia and poses with that city's baseball mascot, the Philly Phanatic. AP Photo
  • In this July 4, 2009 photo, President Barack Obama shakes hands with members of the United States armed services and their guests while hosting a Fourth of July party on the South Lawn of the White House in Washington. AP Photo
    In this July 4, 2009 photo, President Barack Obama shakes hands with members of the United States armed services and their guests while hosting a Fourth of July party on the South Lawn of the White House in Washington. AP Photo
The low down on MPS

What is myofascial pain syndrome?

Myofascial pain syndrome refers to pain and inflammation in the body’s soft tissue. MPS is a chronic condition that affects the fascia (­connective tissue that covers the muscles, which develops knots, also known as trigger points).

What are trigger points?

Trigger points are irritable knots in the soft ­tissue that covers muscle tissue. Through injury or overuse, muscle fibres contract as a reactive and protective measure, creating tension in the form of hard and, palpable nodules. Overuse and ­sustained posture are the main culprits in developing ­trigger points.

What is myofascial or trigger-point release?

Releasing these nodules requires a hands-on technique that involves applying gentle ­sustained pressure to release muscular shortness and tightness. This eliminates restrictions in ­connective tissue in orderto restore motion and alleviate pain. ­Therapy balls have proven effective at causing enough commotion in the tissue, prompting the release of these hard knots.

GRAN%20TURISMO
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THE SPECS

Engine: 6.0-litre, twin-turbocharged W12

Transmission: eight-speed automatic

Power: 626bhp

Torque: 900Nm

Price: Dh1,050,000

On sale: now

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

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

Tips%20for%20holiday%20homeowners
%3Cp%3EThere%20are%20several%20factors%20for%20landlords%20to%20consider%20when%20preparing%20to%20establish%20a%20holiday%20home%3A%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3E%3Cstrong%3ERevenue%20potential%20of%20the%20unit%3A%3C%2Fstrong%3E%20location%2C%20view%20and%20size%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EDesign%3A%20furnished%20or%20unfurnished.%3C%2Fstrong%3E%20Is%20the%20design%20up%20to%20standard%2C%20while%20being%20catchy%20at%20the%20same%20time%3F%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EBusiness%20model%3A%3C%2Fstrong%3E%20will%20it%20be%20managed%20by%20a%20professional%20operator%20or%20directly%20by%20the%20owner%2C%20how%20often%20does%20the%20owner%20wants%20to%20use%20it%20for%20personal%20reasons%3F%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EQuality%20of%20the%20operator%3A%3C%2Fstrong%3E%20guest%20reviews%2C%20customer%20experience%20management%2C%20application%20of%20technology%2C%20average%20utilisation%2C%20scope%20of%20services%20rendered%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ESource%3A%20Adam%20Nowak%2C%20managing%20director%20of%20Ultimate%20Stay%20Vacation%20Homes%20Rental%3C%2Fem%3E%3C%2Fp%3E%0A
MATCH INFO

Uefa Champions League semi-final, first leg

Bayern Munich 1
Kimmich (27')

Real Madrid 2
Marcelo (43'), Asensio (56')

MATCH INFO

Europa League final

Marseille 0

Atletico Madrid 3
Greizmann (21', 49'), Gabi (89')

RESULTS

5pm: Maiden (PA) Dh80,000 1,600m
Winner: Raghida, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Maiden (PA) Dh80,000 1,600m
Winner: AF Alareeq, Connor Beasley, Ahmed Al Mehairbi
6pm: Arabian Triple Crown Round-2 Group 3 (PA) Dh300,000 2,200m 
Winner: Basmah, Fabrice Veron, Eric Lemartinel
6.30pm: Liwa Oasis Group 2 (PA) Dh300,000 1,400m
Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m
Winner: SS Jalmod, Richard Mullen, Satish Seemar
7.30pm: Handicap (TB) Dh100,000 1,600m
Winner: Trolius, Ryan Powell, Simon Crisford

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
The biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

Updated: July 04, 2022, 10:44 AM