Regulation, Risk & Compliance
Tax
Uncategorized
S. Arabia, UAE levy VAT in first for Gulf
Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia compounded the New Year blow for motorists with an unannounced hike of up to 127 per cent in petrol prices…
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Click here to read the full story: Dawn