Source: European Parliament
Members of the FISC Subcommittee will travel to Abu Dhabi and Dubai, from 26 to 28 May 2025 in order to discuss developments in the area of international taxation and the fight against tax avoidance and evasion. The mission, led by FISC Chair Mr Pasquale Tridico, will meet with Mr Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Mr Saqr Ghobash, Speaker of the Federal National Council; and Dr Ali Rashid Al Nuami, Chair of the Foreign Affairs Committee of the FNC.
The delegation will also meet with other Members of the Federal National Council, the UAE’s Parliament. Further meetings are scheduled with Mr Hamed Al Zaabi, Secretary General of the Anti-Money Laundering and Counter-Terrorism Financing Office; Mr Khalid Ali Al Bustani, Director General of the Federal Tax Authority; and Mr Ahmed Mahboob Musabih, Director of Dubai Customs, along with other key stakeholders.
Discussions will notably focus on the implementation of the OECD/G20 international tax reform and the United Arab Emirates’ efforts to combat tax evasion and avoidance and enhance transparency for taxation purposes. The country’s attractiveness for multinational enterprises (MNEs) and high-net-worth individuals will also be addressed, as well as the UAE’s readiness to enhance standards on good tax governance and to comply with anti-money laundering standards.