Regulation, Risk & Compliance
Tax
Uncategorized
UAE resident alert: 5% VAT is officially coming by Jan 1, 2018
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start of next year, despite administrative and technical obstacles, a senior United Arab Emirates finance official said on Sunday. The GCC, its finances strained by low oil prices, has long planned…
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Click here to read the full story: Khaleej Times