'Domestic minimum top-up tax' will apply to MNEs with global revenues of €750 million or more in at least two of the four financial years preceding its implementation
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Hili Mall, the newest addition to the expanding retail landscape in Al Ain city, has triggered overwhelming interest from banks vying to open new branches as part of efforts to expand operations in Hili district.
Recently, National Bank of Abu Dhabi, or NBAD, and Abu Dhabi National Islamic Finance, or Adnif, opened branches in the ground level of Hili Mall. Abu Dhabi Islamic Bank is also under construction and is slated to open in the first quarter 2015.
'Domestic minimum top-up tax' will apply to MNEs with global revenues of €750 million or more in at least two of the four financial years preceding its implementation
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