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Al Tayer: UAE has no intention to raise tax rates

The UAE’s government has no intention of raising the current rate of Value-Added Tax  or excise tax in the medium term, Obaid Al Tayer, the country’s Minister of State for Financial Affairs confirmed. “If you’re referring to the next five years, we don’t see anything [relating to] increasing the VAT…

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Click here to read the full story: Gulf News

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