Regulation, Risk & Compliance
Tax
Uncategorized
UAE VAT collections at $7.4 billion in 2018
The United Arab Emirates (UAE, Aa2 stable) released data revealing that value-added tax (VAT) collections were far higher than expected, reaching AED27 billion ($7.4 billion) in 2018 compared to the government's original projection of AED12 billion ($3.3 billion) and higher even than the government's 2019 projection of AED20 billion ($5.5…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Saudi Gazette