Regulation, Risk & Compliance
Tax
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VAT to generate Dh20 billion in second year for UAE, Minister of Economy says
The UAE, which plans to introduce value added tax next year alongside the other five GCC countries, could generate up to Dh20 billion in revenue from the levy in its second year of implementation, according to the Minister of Economy. "VAT is expected to yield Dh12bn in the first year…
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Click here to read the full story: The National