Regulation, Risk & Compliance
Tax
Uncategorized
UAE’s VAT revenue tops $3bln during Jan-August
The UAE’s Ministry of Finance said that from the beginning of January until the end of August 2020,the total value-added tax (VAT) revenue amounted to AED11.6 billion ($3.15 billion). Meanwhile, the country’s total excise tax revenue amounted to about AED1.9 billion, noting a 47% increase in comparison to the same…
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