How Sars is using machine learning and big data to nail tax offenders
The South African Revenue Service said its efforts to expand the use of data to detect tax non-compliance is beginning to bear fruit.
Source: techcentral.co.za
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EY holds seminar on tax updates
MUSCAT: Global professional services firm EY organised a seminar to provide its clients with recent updates to the Sultanate of Oman’s tax landscape. Several international tax regulations that affect the country, regional and local tax matters were highlighted.Broadly the seminar covered the following: Economic and legal developments in the Sultanate of...
Source: omanobserver.om
SARS is sharing data with other countries to crack down on tax evasion
The South African Revenue Service (SARS) says that more information on more than 75 million financial accounts, covering total assets of around R160.4 trillion,…
Source: businesstech.co.za
Innovating and serving customers is at the forefront of disruption and change
It has been a tumultuous last 12 months for banks, despite decisive and far-reaching Central Bank actions that have supported the economy. Banks continue to persevere in an environment characterised by high costs of funds and having to deal with issues relating to counterparties’ creditworthiness and provisioning, says KPMG in its latest perspective on...
Source: omanobserver.om
Multi-Agency Group investigation on Pandora Papers begins, holds first meeting
The Multi-Agency Group (MAG) on Pandora Papers has begun its preliminary investigation of entities and persons named in Pandora Papers and held its first meetin
Source: theuknews.com