An anti-Israeli billboard in Tehran. Iran is holding talks with the US aimed at easing fears of a nuclear escalation in the Middle East. EPA
An anti-Israeli billboard in Tehran. Iran is holding talks with the US aimed at easing fears of a nuclear escalation in the Middle East. EPA
An anti-Israeli billboard in Tehran. Iran is holding talks with the US aimed at easing fears of a nuclear escalation in the Middle East. EPA
An anti-Israeli billboard in Tehran. Iran is holding talks with the US aimed at easing fears of a nuclear escalation in the Middle East. EPA

US and Iran to ‘chart path forward' in second round of talks, American official says


Aveen Karim
  • English
  • Arabic

The next round of talks between Washington and Tehran set for later this week is expected to set out a framework for negotiations on Iran's nuclear programme, a senior US official said on Wednesday.

US Deputy Assistant Secretary for Iraq and Iran Victoria Taylor described the first round of talks between the two countries in Oman on Saturday as “positive” and “constructive”, during a panel at the Sulaimani Forum in Iraq.

“This first round was positive, it was constructive, and there’s agreement there will be talks in the coming days,” Ms Taylor said of Saturday’s initial discussions that were led by US special envoy to the Middle East Steve Witkoff and Iranian Foreign Minister Abbas Araghchi.

“We’re still in early stages and have not defined the parameters,” she said, noting that “the coming discussions will help us chart this path forward.”

Deputy Iranian Foreign Minister Saeed Khatibzadeh was in the hall during the discussions.

A second round of discussions will take place again on Saturday, the two negotiating officials said after the talks. “This is a very positive first step but of course there is a long way to go,” Ms Taylor said.

Iran on Wednesday confirmed that the second round would be held in Rome, after initially denying reports that they would be hosted in the Italian capital.

Discussions between the geopolitical foes have been taking place against the backdrop of US President Donald Trump’s renewed policy of “maximum pressure” on Iran, while Tehran is seeking much-needed sanctions relief.

Iran's delegation at the first round of talks in Oman was led by Foreign Minister Abbas Araghchi, second left. AFP
Iran's delegation at the first round of talks in Oman was led by Foreign Minister Abbas Araghchi, second left. AFP

“I think it's also important to note that maximum pressure is still in effect, even as we are pursuing negotiations with Iran over the nuclear programme,” Ms Taylor stated, adding that Mr Trump is set on preventing Iran access to revenue that allows it to “fund its nuclear programme and terrorism.”

Iran says its nuclear programme is purely for peaceful purposes, but the UN's nuclear watchdog has raised alarm over its uranium enrichment levels, warning they are close to weapons-grade. Ms Taylor emphasised that, in addition to Iran’s nuclear programme, the US maintains its concerns regarding Tehran’s support of its regional proxy militia groups.

“The best way for Iran to get that economic relief and seek the removal of those sanctions is for it to stop the activities that caused us to put those sanctions into place,” she said, referring to Iranian backing of these groups.

The US has been carrying out frequent strikes aimed at the Iran-backed Houthi rebels in Yemen in recent weeks while Israel has engaged in warfare against other Tehran allies – Hamas and Hezbollah – in Gaza and Lebanon. “Iran's continued support to proxy militias – that's a concern not only to the United States, but we know for countries throughout the region,” Ms Taylor added.

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The biog

Place of birth: Kalba

Family: Mother of eight children and has 10 grandchildren

Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken

Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah

Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”

Fight card

1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)

7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)

8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)

12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

Napoleon
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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

Updated: April 16, 2025, 3:28 PM