Author: Arabian Media staff
Key Takeaways The IRS has 10 years to collect from you if you don’t pay your taxes.Income, Social Security and retirement benefits, bank accounts, and tangible property are all vulnerable to IRS seizure.The IRS offers numerous options if you can’t afford to pay all at once without suffering undue hardship. No one likes paying taxes, but some notorious efforts to avoid doing so have led to serious consequences. Al Capone was convicted of tax evasion in 1931 and sentenced to more than a decade in prison. Willie Nelson was hit with a $16.7 million tax demand, and the Internal Revenue…
On 3 September 2025, Tahaluf CEO Michael Champion delivered an exclusive keynote at the first-ever Gulf Business Saudi Business and Investment Summit Tahaluf has rapidly emerged as one of the most powerful forces in the global events industry. Formed through a joint venture between Informa, the world’s largest trade show organiser, the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), and the Events Investment Fund (EIF), Tahaluf has been at the forefront of Saudi Arabia’s Vision 2030 transformation. The company is behind some of the Kingdom’s most ambitious and world-leading events, including LEAP, DeepFest, 24 Fintech, Black Hat MEA, Cityscape…
The first-ever Gulf Business Saudi Business and Investment Summit, held on 3 September, took place at the Sheraton Riyadh Hotel & Towers. Saudi Arabia’s rapid transformation under Vision 2030 took centre stage at the first-ever Gulf Business Saudi Business and Investment Summit, held on 3 September at the Sheraton Riyadh Hotel & Towers. The event brought together influential leaders from government, business, and international organisations to explore how the Kingdom is translating its bold vision into tangible results. Over 130 attendees listened to discussions focused on innovation, regulatory reform, public–private collaboration and investment sectors driving diversification and sustainable growth. You…
Image: Supplied In the high-stakes world of mergers and acquisitions, the focus is almost always on the numbers. Valuations, EBITDA multiples and legal contracts dominate boardrooms, with countless hours dedicated to financial and legal due diligence. Yet, a critical and often-overlooked element can derail a deal, expose hidden liabilities and undermine the entire transaction: immigration due diligence. The common misconception is that immigration issues are a post-deal administrative task, a simple matter of transferring visas and work permits once the ink is dry. This could not be further from the truth, particularly in the unique and complex regulatory environment of…
Image: Getty Images Kiteworks has released the findings of its fourth annual Data Security and Compliance Risk Survey Report, uncovering a significant gap in data governance among Middle East organisations. While regional businesses lead globally in requiring supplier security certifications (60 per cent), the report warns that many lack visibility into whether those standards adequately protect private data flows — creating what experts describe as a “compliance theater effect” that looks strong on paper but weak in execution. The survey, which gathered insights from 461 global organisations, highlights how Middle East companies have developed mature certification frameworks without corresponding capabilities…
Image: Getty Images/ For illustrative purposes Dubai has retained its position as the leading destination for executive nomads for the third consecutive year, according to the Savills Executive Nomad Index 2025, with Abu Dhabi ranking second for the second year in a row. Dubai scored highest for its flight network, while Abu Dhabi was recognised for superior internet speeds, reflecting the UAE’s continued appeal to mobile professionals. “Add to that year-round sunshine, world-class hospitality, access to top-tier schools and healthcare, and it’s clear why the region continues to lead the way for executive nomads,” said Andrew Cummings, head of residential…
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2025 Tax Rates By Income for Long-Term Capital Gains Filing Status 0% Rate Amount 15% Rate Amount 20% Rate Amount Single $0 to $48,350 $48,351 to $533,400 $533,401 and above Head of household $0 to $64,750 $64,751 to $566,700 $566,701 and above Married filing jointly and surviving spouse $0 to $96,700 $96,701 to $600,050 $600,051 and above Married filing separately $0 to $48,350 $48,351 to $300,000 $300,001 and above Trusts and estates $0 to $3,250 $3,251 to $15,900 $15,901 and above Source: Internal Revenue Service Strategies To Minimize Capital Gains Tax Here are some of the more effective strategies to…