Residents react to new leadership appointments, Corporate Tax from June 1, and IPL gets underway, Gulf News Editors comment on the top stories on March 30

RESIDENTS WELCOME NEW LEADERSHIP APPOINTMENTS IN THE UAE: The series of top leadership appointments made by the UAE President on Wednesday is being widely welcomed by residents as it ushers in a new era for the country and the emirate of Abu Dhabi. Officials, businessmen and others from different walks of life have reiterated their faith in the decisions of the President and have expressed great pride in being part of a nation that has come thus far in such a short span of time, thanks to the able leadership of the country. It is indeed a momentous time for all as there is so much to look forward to in the years to come. (By Sharmila Dhal, UAE Editor).

ALL EYES ON JUNE 1, 2023, AND UAE’S CORPORATE TAX: UAE businesses, their owners and shareholders are closing in on the June 1 dateline, which is when the country’s corporate tax regime kicks into effect. Unlike VAT, this new tax is definitely not one-dimensional in the changes that come in its wake. Businesses have had all the time to make the required changes, tweaks or full-scale adjustments ahead of the implementation. Sure, there are further details that require more clarity, whether that’s to do with ‘transfer pricing’ or ‘qualifying income’. But for now, one category that seems to be making full use of the present are tax auditors and consultants. They know their services are in demand, and those with the intricate skills and the experience to go with that are asking for more. And getting it…(By Manoj Nair, Business Editor)

THE FESTIVAL OF CRICKET BEGINS: For the next 52 days life comes to a standstill for the cricket fans as the Indian Premier League, festival of cricket, begins in Ahmedabad on Friday. A total of 74 matches, including the playoffs will be played across 12 venues, providing enough fodder for the supporters to discuss and dissect the performances. The numerous plots, sub-plots, twists and turns make it a compelling watch, the very reason for the IPL’s success and its increasing popularity over the last 15 years. The 16th season is likely to be no different, disrupting the normal lives of its ardent fans. Get your seats ready to watch the big show. (By A.K.S. SATISH, Sports Editor)

GWYNETH PALTROW’S TRIAL IS AN ENGAGING COURTROOM DRAMA: All eyes are on Hollywood star Gwyneth Paltrow who’s on trial right now for allegedly colliding into a skier and injuring him back in 2016. She has countersued him for $1 and attorney fees. No other celebrity trial in the recent past, barring Johny Depp and Amber Heard abuse case has been this closely watched and followed in Hollywood. This case has now become emblematic of privilege, access, and how celebrities can be held accountable for their actions just like any law-abiding civilian. While Paltrow and Terry Sanderson has been present every day, the trial, filled with drama and histrionics, is turning into this engaging real-life court room drama. While we are yet to know who will win this lawsuit, we are hoping that justice prevails. (By Manjusha Radhakrishnan, Entertainment Editor)