GCC to announce VAT framework soon

Value Added Tax: GCC to announce VAT framework soon
GCC countries will announce the unified Value added tax framework within the next 10 days, according to officials at Ernst & Young.

The VAT structure, signed by all six GCC countries last month, will replicate the European Union style common market framework.

The tax system is expected to contribute nearly 1.4 per cent of GDP – an estimated $1.1 billion every year.

Pakistan’s Borders: border crossing with Afghanistan open
Pakistan opened their border crossing with Afghanistan for two days after shutting them following Taliban attacks last month.
The border was shut off three weeks ago after a wave of deadly attacks and is only open to those with valid visas to return home.

French Zoo: White rhino shot dead, horn sawn off
Poachers broke into a French zoo overnight and shot dead a rare white rhinoceros and sawed off its horn.

It is believed to be the first time in Europe that a rhino in captivity has been attacked and killed.
Police say Vince was found dead in his enclosure with three gunshot wounds to his head and one of his horns missing