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UAE not to hike VAT rates and follow Saudi move
The UAE has no plans to increase its VAT (value-added tax) rate, according to Younis Haji Al Khouri, under-secretary in the Finance Ministry, after Saudi Arabia confirmed it would go in for a hike. According to Al Khoori, "The ministry’s current focus is to work with all government entities based…
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Click here to read the full story: Gulf News