Managing Multinationals in the Middle East ― Accounting and Tax Issues

Abdallah looks at the future of the business environmnent in four Arab countries, plus Israel, and how it affects the way accounting, taxation, and business is done now and will be done in the first years of the new century. Foreign investors will get help understanding the Middle East's unique cultures and will find new ways to prepare for potential investment and launch new projects. Executives of multinational corporations will find new means to solve problems arising from transfer pricing policies, tax differences, economics, and the performance of subsidiary managers, and to reconcile accounting differences with U.S. Generally Accepted Accounting Principles and International Accounting Standards. The book will be of special value to corporate executives in or planning to enter the Middle East market, graduate students and teachers of international business and accounting, and practicing accountants with Middle East clients (or who seek to acquire them).

WAGDY M. ABDALLAH is Associate Professor of Accounting at Seton Hall University, New Jersey, where he specializes in international accounting and gives seminars on various aspects of doing business in the Middle East.