Comment & Analysis
Tax
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UAE's VAT application has gone smoothly and inflation will stabilize, says IMF
The start-up of the country's value-added tax (VAT) has gone smoothly, and the inflation it leaped on will then ease, the head of the International Monetary Fund (IMF) mission in the United Arab Emirates said on Thursday. Natalia Tamirisa added that VAT, imposed at 5 percent at the beginning of…
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